Bill Commons

NY A 4417

in committee

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

New York · 2025-2026 Regular Session · lower

Description

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.

Introduced
Status date
Latest action
2026-01-07 — REFERRED TO ECONOMIC DEVELOPMENT
Bill type
bill
Last updated

Sponsors

  • Paula Bolognaprimary

Committees

Not provided by source.

Action timeline

  1. 2025-02-04

    REFERRED TO ECONOMIC DEVELOPMENT

    referral-committee

  2. 2026-01-07

    REFERRED TO ECONOMIC DEVELOPMENT

    referral-committee

Versions

Documents

Votes

Not provided by source.

Related bills

Official source

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:28:30.722574Z

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