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A07126 Summary:
BILL NO | A07126 |
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SAME AS | SAME AS S05102 |
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SPONSOR | Schimminger (MS) |
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COSPNSR | |
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MLTSPNSR | Galef, Kolb, Magee |
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Amd §210-B, Tax L | |
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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. |