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A02271 Summary:
| BILL NO | A02271 |
| SAME AS | No Same As |
| SPONSOR | Norris |
| COSPNSR | DeStefano, Giglio JM, Morinello, Brabenec, Hawley, Lemondes, Bendett, Tague, Angelino, Beephan, Brook-Krasny |
| MLTSPNSR | |
| Add §107, Ec Dev L; add §187-r, Tax L | |
| Creates a tax credit for manufacturing companies that have one established place of business in the state and relocate a minimum of fifty employees from outside the state to the state; provides that manufacturing companies shall be allowed a credit in the amount of 2.5 percent of the average salaries of newly created manufacturing jobs multiplied by number of new jobs brought to the state. | |