State Lawmaker Will Unveil Bill Allowing NYC Council to OK $250K Tax Credits for Life-Sci Shops | GenomeWeb

A New York state lawmaker is weeks away from introducing a bill that would allow New York City to award up to $250,000 in tax credits over four years to life-science companies that plan to build new facilities or create jobs in the Big Apple, he said last week.

Assemblymember Mark Weprin (D-Little Neck) told BioRegion News he was working with the office of City Council Speaker Christine Quinn, who originally proposed the bill, and other city and state officials to finalize language for the refundable tax credit legislation.

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