Bill > S04662

This bill requires the New York Department of Economic Development to create and publish a quarterly report on film production tax credits that provides detailed information about film projects across the state. Specifically, the report must be submitted within 15 days after each calendar quarter to the governor, budget director, assembly ways and means committee chair, and senate finance committee chair, and must be posted on the department's public website. The report must include comprehensive details for each film project and in aggregate by county, such as: qualified production costs and their county locations, days of principal photography and where they occurred, number of employees hired and their county of residence and work, credit-eligible work hours and their county locations, and the total amount of tax credits issued. The tax credits covered by this reporting requirement are those established under specific sections of the tax law related to film production. The bill will take effect one year after becoming law, giving the department time to develop the reporting system.

Business and Industry

https://www.nysenate.gov/legislation/bills/2025/S4662