NY S08465

Extends the Empire State commercial production tax credit for qualified commercial production companies to apply to taxable years beginning before January 1, 2024, instead of January 1, 2019.

Maintains requirement that at least 75 percent of production costs (excluding post-production) for qualified commercials must be incurred in New York State.

Applies the extended credit to taxpayers subject to Article 9-A or Article 22 of the New York tax law.

Amends sections 28, 210-B, and 606 of the tax law to align the expiration date across all related provisions.

Takes effect immediately upon enactment.