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S7534Senate2011-2012 Session

Relates to the Empire state commercial production tax credit

Sponsor Martin J. GoldenSD-22Affects Finance
Status
In Assembly Committee
Ways And Means
Impact
Pending
Passage
Pending

Bill progress

Step 5 of 7

In Assembly · Ways And Means

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Sponsors

Primary sponsor
Martin J. Golden

Senator · Senate District 22

Chair, Civil Service And Pensions

No co-sponsors yet.

History

  1. Referred to ways and means
  2. Delivered to assembly
  3. Passed senateVote 59–1
  4. Ordered to third reading cal.1391
  5. Committee discharged and committed to rules
  6. Referred to investigations and government operations

Full text

The text isn't available here yet. Check nysenate.gov.

Sponsor's memo

BILL NUMBER:S7534

Title of bill

An act to amend the tax law, in relation to Empire state commercial and digital gaming media production tax credit

Purpose

The purpose of this bill is to provide a tax credit incentive for commercial and digital gaming production

Summary of provisions

Amends section 28 of the tax law relative to defining digital gaming media and commercial production costs and provide for tax credits

Justification

With technology changing rapidly, tax incentives for digital gaming media production, will produce an increased level of competition for NYS in this growing industry

Fiscal implications

To be determined.

Effective date

This act shall take effect immediately and shall apply to tax years beginning on or after January 1, 2012.

Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.