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NY A10034
Bill
Status
4/29/2022
Primary Sponsor
Richard Gottfried
Click for details
AI Summary
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Amends the Empire State film production credit definition of "qualified film" to allow television series that change their title and/or principal cast before March 31, 2023 to maintain continuous production status.
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Requires series with title or cast changes to film at the same location as prior seasons, be produced by the same entity, and retain at least 80 percent of staff from the previous season to qualify.
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Applies to tax years beginning on or after January 1, 2022.
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Takes effect immediately upon enactment.
Legislative Description
Provides that a television series that changes the title of the series and/or the principal cast prior to March 31, 2023, shall be considered to remain in continuous production for each season, provided the series films at the same location as prior seasons, is produced by the same entity, and retains at least eighty percent of the staff from the prior season for purposes of being a qualified film for the empire state film production credit.
Last Action
substituted by s8829a
6/3/2022