| 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. |