S 5846 New York Senate · 2023 Regular Session

Establishes the work opportunity tax credit for businesses with fifty employees or less for hiring a long term unemployed person

Summary
Establishes the work opportunity tax credit for businesses with fifty employees or less for hiring a long term unemployed person; provides a credit shall be allowed of up to $2,400; provides the total amount of credit provided statewide shall not exceed fifteen million dollars.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2023
Committee Review
Floor Vote
Governor
Introduced Mar 20, 2023 Last action May 14, 2024
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Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
3
May 14, 2024
Senate · Referred to committee
REPORTED AND COMMITTED TO FINANCE
Jan 3, 2024
Senate · Referred to committee
REFERRED TO BUDGET AND REVENUE
Mar 20, 2023
Senate · Referred to committee
REFERRED TO BUDGET AND REVENUE
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of James Sanders
James Sanders
DDemocratic
NY
10