An Act to Promote Food Processing and Manufacturing Facility Expansion and Create Jobs
An Act to Modernize Maine's Business Incentive Programs by Creating the Dirigo Business Incentives Program and Eliminating Certain Other Tax Incentive Programs
An Act to Amend the State Tax Laws
An Act to Protect Economic Competitiveness in Maine by Extending the End Date for Pine Tree Development Zone Benefits
An Act to Amend the Tax Credit for Major Business Headquarters Expansions Regarding Employees' Location and Time of Hire for Purposes of the Credit
Medical Manufacturing, Economic Development, and Sustainability Act of 2023 or the MMEDS Act of 2023 This bill provides incentives for relocating medical manufacturing facilities in the United States and for manufacturing medical products (i.e., drugs and devices) in economically distressed zones. Specifically, the bill allows a income tax credit for 40% of the sum of wages paid in a medical manufacturing economically distressed zone, employee fringe benefit expenses, and depreciation and amortization allowances with respect to qualified medical manufacturing facility property, and a credit for economically distressed zone products and services acquired by domestic medical manufacturers. The bill increases the credit rate for minority businesses.
Establishes Next New Jersey Manufacturing Program to incentivize in-State manufacturing investments and job creation.
Establishes Next New Jersey Manufacturing Program to incentivize in-State manufacturing investments and job creation.
Taxation; Local Development Act; project plans; incentives; exemptions; manufacturing ad valorem exemption; modifying definition of manufacturing facilities; removing exceptions for failure to meet certain payroll requirements. Effective date.
Agricultural Manufacturing Tax Incentive