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S 1301

New York - Session 2025-2026

Senate in_committee 2026-01-07
Bill Details

Title: Relates to establishing a first permanent payroll employee tax credit

Summary

Establishes a first permanent payroll employee tax credit which allows a business to receive a tax credit for the three years following the employment of such business' first permanent payroll employee where such credit equals a portion of the amount it costs to employ such permanent payroll employee.

Sponsor
George Borrello
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-01-09 Introduced Bill introduced
2026-01-07 Status in_committee
2026-01-07 Latest Action In Senate Committee
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