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Bill > S07422
NY S07422
NY S07422Excludes a production using artificial intelligence or autonomous vehicles in a manner which results in the displacement of employees whose salaries are qualified expenses from the definition of qualified film for the purposes of the empire state film production credit.
summary
Introduced
05/24/2023
05/24/2023
In Committee
01/03/2024
01/03/2024
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
2023-2024 General Assembly
Bill Summary
AN ACT to amend the tax law, in relation to excluding a production which uses artificial intelligence or autonomous vehicles in a manner which results in the displacement of employees whose salaries are qualified expenses from the definition of qualified film for the purposes of the empire state film production credit
AI Summary
This bill amends the New York tax law to exclude a production that uses artificial intelligence or autonomous vehicles in a manner that results in the displacement of employees whose salaries are qualified expenses from the definition of "qualified film" for the purposes of the Empire State film production credit. This means that such productions would not be eligible for the tax credit, which is designed to incentivize filmmaking in New York. The bill provides an exception if the displacement of employees is permitted by a current collective bargaining agreement.
Committee Categories
Government Affairs
Sponsors (4)
Last Action
PRINT NUMBER 7422B (on 03/27/2024)
Official Document
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