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A07126 Summary:

BILL NOA07126
 
SAME ASSAME AS S05102
 
SPONSORSchimminger
 
COSPNSR
 
MLTSPNSRGalef, Kolb, Magee
 
Amd 210-B, Tax L
 
Establishes a five percent investment tax credit against the franchise tax imposed upon corporations for a portion of training or retraining expenses incurred by them in an eligible business facility, pursuant to rules and regulations of the department of taxation and finance promulgated in consultation with the department of labor.
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