S06378 - Provides a 50% tax credit for new income tax revenue generated by a new employee; provides credit may be taken up to 10 years; provides that the Department of Economic Development must monitor and certify the additional employment for any business which applies for the credit; provides any company taking the credit must maintain employment in the state for twice the number of years as the term of the tax credit; provides the Department of Economic Development shall annually report to the governor and the Legislature on the number and amounts of credits.
New York - 2023-2024 General Assembly
Introduced byKevin S. Parker
Last updated over 1 year ago
1 Co-Sponsor
STATUS
Introduced
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