Establishes the New York manufacturing adequate domestic equipment credit (NY MADE) for taxpayers producing medical equipment or personal protective.

The bill amends the tax law to establish the New York manufacturing adequate domestic equipment credit (NY MADE). It defines "medical equipment" as machinery, apparatus, and other devices intended for use in the cure, mitigation, treatment, or prevention of illnesses or diseases. The credit is available to taxpayers producing medical equipment or personal protective equipment. The credit amount is based on the wholesale market value of supplies produced.

Establishes the New York manufacturing adequate domestic equipment credit (NY MADE) for taxpayers producing medical equipment or personal protective.

The bill amends the tax law to establish the New York manufacturing adequate domestic equipment credit (NY MADE). It defines "medical equipment" as machinery, apparatus, and other devices intended for use in the cure, mitigation, treatment, or prevention of illnesses or diseases. The credit is available to taxpayers producing medical equipment or personal protective equipment. The credit amount is based on the wholesale market value of supplies produced.