Peralta: Stop the insanity, repeal min. wage tax credit

Jose Peralta

As reported by the Legislative Gazette:

New York state Sen. Jose Peralta, D-Jackson Heights, has responded to what editorial writers have called "economic insanity" and introduced legislation to repeal the Minimum Wage Reimbursement Credit approved by the state Legislature during the budget process.

Peralta's legislation (S.4500) — "an act to repeal certain provisions of the tax law relating to the minimum wage reimbursement credit"— was referred to the Investigations and Government Operations committee on April 3. There is no same-as bill in the Assembly.

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