filled. Determination of the required number of jobs is in accordance with the monthly average described in subsection (F). (14) intensive means: ‘Technology facility’ (a) a facility at which a firm engages in the design, development, and introduction of new products or innovative manufacturing processes, or both, through the systematic application of scientific and technical knowledge. Included in this definition are the following North American Industrial Classification Systems, NAICS, codes published by the Office of the Management and Budget of the federal government: (i) 5114 database and directory publishers; (ii) 5112 software publishers; (iii) 54151 computer systems design and related services; (iv) 541511 custom computer programming services; (v) 541512 computer systems design services; (vi) 541710 scientific research and development services; (vii) 9271 space research and technology; or (b) a facility primarily used for one or more activities listed under the 2002 version of the NAICS Codes 51811 (Internet Service Providers and Web Search Portals). (15) retail as defined in ‘Extraordinary establishment’ Sections 12216520 and 12216590. (NM) Except for employees employed in distressed Tier IV counties, the maximum aggregate credit that may be claimed in any tax year for a single employee pursuant to this section and Section 1263470(A) is five thousand five hundred dollars.” SECTION 13. Section 1263375 of the 1976 Code, as last amended by Act 386 of 2006, is further amended to read: 1263375. (A)(1) A taxpayer engaged in “Section manufacturing, warehousing, or distribution which uses port facilities in this State and which increases its port cargo volume at these facilities by a minimum of five percent in a single calendar year over its base year port cargo volume is eligible to claim a an income tax credit or a credit against employee withholding in the amount determined by the Coordinating Council for Economic Development (council) State Ports Authority Board. (2) The maximum amount of tax credits allowed to all qualifying taxpayers pursuant to this section may not exceed eight million dollars for each calendar year and credits against employee
filled. Determination of the required number of jobs is in accordance with the monthly average described in subsection (F). (14) ‘Technology intensive facility’ means: (a) a facility at which a firm engages in the design, development, and introduction of new products or innovative manufacturing processes, or both, through the systematic application of scientific and technical knowledge. Included in this definition are the following North American Industrial Classification Systems, NAICS, codes published by the Office of the Management and Budget of the federal government: (i) 5114 database and directory publishers; (ii) 5112 software publishers; (iii) 54151 computer systems design and related services; (iv) 541511 custom computer programming services; (v) 541512 computer systems design services; (vi) 541710 scientific research and development services; (vii) 9271 space research and technology; or (b) a facility primarily used for one or more activities listed under the 2002 version of the NAICS Codes 51811 (Internet Service Providers and Web Search Portals). (15) ‘Extraordinary retail establishment’ as defined in Sections 12216520 and 12216590. (NM) Except for employees employed in distressed Tier IV counties, the maximum aggregate credit that may be claimed in any tax year for a single employee pursuant to this section and Section 1263470(A) is five thousand five hundred dollars.” SECTION 13. Section 1263375 of the 1976 Code, as last amended by Act 386 of 2006, is further amended to read: “Section 1263375. (A)(1) A taxpayer engaged in manufacturing, warehousing, or distribution which uses port facilities in this State and which increases its port cargo volume at these facilities by a minimum of five percent in a single calendar year over its base year port cargo volume is eligible to claim a an income tax credit or a credit against employee withholding in the amount determined by the Coordinating Council for Economic Development (council) State Ports Authority Board. (2) The maximum amount of tax credits allowed to all qualifying taxpayers pursuant to this section may not exceed eight million dollars for each calendar year and credits against employee
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