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History
- Approval memo.9
- Signed chap.420
- Delivered to governor
- Returned to senate
- Passed assembly
- Ordered to third reading cal.820
- Substituted for A9415
- Referred to ways and means
- Delivered to assembly
- Passed senateVote 60–1
- Ordered to third reading cal.1736
- Committee discharged and committed to rules
Show 2 earlier actions
- Reported and committed to finance
- Referred to investigations and government operations
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Increases the number of counties in which services can be performed to qualify for the empire state film production credit
Assembly Floor Calendar · Sponsor Aileen Gunther
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
Title of bill
An act to amend the tax law, in relation to increasing the number of counties in which services can be performed to qualify for the empire state film production credit
Purpose
The purpose of this legislation is to create an additional 10% Film Production Tax Credit for the counties that are both outside of the New York City studio zone and ineligible for the current 10% incentive.
Summary of provisions
Section 1: Amends paragraph 5 of subdivision (a) of section 24 of the tax law to include additional counties in the 10% Film Production Tax Credit.
Section 2: Sets the effective date.
Justification
In an effort to boost film production in other parts of the state, particularly economically struggling upstate New York, the 2013-14 state budget created an additional 10% Film Production Tax Credit for production companies who film (or productions filmed) in forty upstate counties (two counties, Albany and Schenectady, were subsequently added in the 201415 budget). This incentive has worked. Production companies are now filming in upstate New York because most or all of the extra costs associated with filming outside of the studio zone are being offset with this additional tax credit.
While this incentive has had a positive impact on the film industry upstate, it has unfortunately had a negative impact on other parts of the state, namely, the Hudson Valley and parts of the Capital Region and Long Island. These areas, which are both outside of the New York City studio zone and ineligible for the additional 10% incentive, are becoming "film fly over" counties. These counties include: Warren, Saratoga, Washington, Rensselaer, Greene, Columbia, Ulster, Dutchess, Sullivan, Orange, Putnam and Suffolk. These counties that we represent simply cannot afford to be off-limits to this important and lucrative industry.
Legislative history
This is a new bill.
Fiscal implications
To be determined.
Effective date
This act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.