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S 1301 NY

Relates to establishing a first permanent payroll employee tax credit

NY · session 2025-2026 · Senate · bill

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Introduced Jan 9, 2025

Latest action (Jan 7, 2026) REFERRED TO BUDGET AND REVENUE

Summary

Establishes a first permanent payroll employee tax credit which allows a business to receive a tax credit for the three years following the employment of such business' first permanent payroll employee where such credit equals a portion of the amount it costs to employ such permanent payroll employee.

Sponsor (1)

5 coauthors / cosponsors

Action history (2)

  1. Jan 9, 2025 REFERRED TO BUDGET AND REVENUE · upper
  2. Jan 7, 2026 REFERRED TO BUDGET AND REVENUE · upper

Text versions (2)

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

  • S1301 · HTML
  • S1301 · PDF

Full text

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