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Bill > S08229
NY S08229
NY S08229Permits "A Beautiful Noise, LLC" to file an application for a New York city musical and theatrical production tax credit for 2022.
summary
Introduced
05/23/2025
05/23/2025
In Committee
05/23/2025
05/23/2025
Crossed Over
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
AN ACT relating to permitting "A Beautiful Noise, LLC" to file an application for a New York city musical and theatrical production tax credit
AI Summary
This bill creates a special exception for "A Beautiful Noise, LLC", a New York City musical and theatrical production company, allowing them to file an application for the New York City musical and theatrical production tax credit for the 2022 tax year, despite missing the original filing deadline. Specifically, the bill permits the company, located at 1501 Broadway Suite 1304, to submit a claim for the tax credit even though they did not file by the prescribed due date set by the commissioner of economic development. The tax credit is designed to support local theatrical productions, and this bill provides a one-time opportunity for this specific company to retroactively apply for the credit. The legislation will take effect immediately and applies to tax years beginning on or after January 1, 2022, and before January 1, 2026, giving the company a window of opportunity to benefit from this special provision.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS (on 05/23/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2025/S8229 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S08229&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S08229 |
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