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A 4417

New York - Session 2025-2026

Assembly in_committee 2026-01-07
Bill Details

Title: Creates a tax credit for manufacturing companies that have one established place of business in the state and relocate at least fifty employees from outside the state

Summary

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.

Sponsor
Paula Bologna
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-02-04 Introduced Bill introduced
2026-01-07 Status in_committee
2026-01-07 Latest Action In Assembly Committee
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