Bill > S04305

This bill amends the New York State tax law to expand the definition of a "qualified film" for the Empire State Film Production Tax Credit by explicitly including documentary films. Previously, documentary films were specifically excluded from qualifying for this tax credit. The bill removes the language that categorically excluded documentaries from the definition of qualified films, effectively allowing documentary filmmakers to now be eligible for the tax credit. The tax credit provides financial incentives for film productions that meet certain criteria, such as minimum budget requirements and shooting location within New York State. Specifically, films shot in Westchester, Rockland, Nassau, Suffolk counties, or New York City boroughs must have a minimum budget of one million dollars, while films shot in other New York counties must have a minimum budget of $250,000. The bill will apply retroactively to taxable years beginning on or after January 1, 2023, which means documentary filmmakers can potentially claim the tax credit for productions made during that time period.

Government Affairs

https://www.nysenate.gov/legislation/bills/2025/S4305