Bill > A08754

This bill provides a special exception for "A Beautiful Noise, LLC", a New York City musical and theatrical production company, to file a tax credit application for the 2022 tax year, even though they missed the original filing deadline set by the commissioner of economic development. Specifically, the bill allows the company, located at 1501 Broadway Suite 1304 in New York City, to claim the New York City musical and theatrical production tax credit despite not meeting the standard application timeline. The legislation overrides any existing laws, rules, or regulations that would normally prevent such a late application. The bill will take effect immediately and applies retroactively to tax years beginning on or after January 1, 2022, and before January 1, 2026, effectively giving the company a one-time opportunity to apply for the tax credit they would have otherwise been ineligible to receive due to missing the original filing deadline.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/A8754