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S08171 Summary:

BILL NOS08171
 
SAME ASNo Same As
 
SPONSORBASKIN
 
COSPNSR
 
MLTSPNSR
 
Add Art 29 §§508 - 511, Ec Dev L; add §§50 & 185, amd §§210-B & 606, Tax L
 
Establishes the contract New York program to provide tax credits to corporations contracting with emerging microbusinesses; directs the department of economic development and the empire state development corporation to create and maintain a registry of emerging microbusinesses and to biannually implement best practices for engaging corporations to utilize such registry; establishes the contract New York tax credit for New York corporations with eligible contracts with emerging microbusinesses.
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