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, Rabbitt, Reilich, Saladino, Stec, Stevenson
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.
