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A04406 Summary:

BILL NO    A04406 

SAME AS    No same as 

SPONSOR    Corwin (MS)

COSPNSR    Giglio, Kolb, Montesano, Raia, Tenney, McLaughlin, Palmesano

MLTSPNSR   Barclay, Ceretto, Crouch, Duprey, Goodell, Johns, McDonough,
           McKevitt, Saladino, Stec

Add S107, Ec Dev L; add S187-s, 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.
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