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A11092 • 2025

Increases transparency in certain film production and post-production tax credits

Increases transparency in certain film production and post-production tax credits

Taxes
Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Albert A. Stirpe
Last action
2026-04-24
Official status
In Assembly Committee
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Increases transparency in certain film production and post-production tax credits

Increases transparency in certain film production and post-production tax credits Requires the department of economic development issue a quarterly report on film production and post-production tax credits by project and by county in the aggregate and publish such reports on such department's website.

What This Bill Does

  • Increases transparency in certain film production and post-production tax credits Requires the department of economic development issue a quarterly report on film production and post-production tax credits by project and by county in the aggregate and publish such reports on such department's website.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-04-24 Assembly

    REFERRED TO ECONOMIC DEVELOPMENT

Official Summary Text

Increases transparency in certain film production and post-production tax credits
Requires the department of economic development issue a quarterly report on film production and post-production tax credits by project and by county in the aggregate and publish such reports on such department's website.

Current Bill Text

Read the full stored bill text
S T A T E   O F   N E W   Y O R K
        ________________________________________________________________________

                                          11092

                                  I N  A S S E M B L Y

                                     April 24, 2026
                                       ___________

        Introduced by M. of A. STIRPE -- read once and referred to the Committee
          on Economic Development

        AN  ACT  to amend the economic development law, in relation to requiring
          the department of economic development issue  a  quarterly  report  on
          film  production  and  post  production  tax credits by project and by
          county in the aggregate and publish such reports on such  department's
          website

          THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
        BLY, DO ENACT AS FOLLOWS:

     1    Section 1. Section 100 of the economic development law is  amended  by
     2  adding a new subdivision 50 to read as follows:
     3    50.  TO SUBMIT A QUARTERLY REPORT ON FILM TAX CREDITS TO THE GOVERNOR,
     4  THE DIRECTOR OF THE DIVISION OF THE BUDGET, THE CHAIR  OF  THE  ASSEMBLY
     5  WAYS  AND MEANS COMMITTEE, AND THE CHAIR OF THE SENATE FINANCE COMMITTEE
     6  AND PUBLISH SUCH REPORT ON THE DEPARTMENT'S PUBLIC FACING WEBSITE.  SUCH
     7  REPORT  SHALL BE FILED WITHIN FIFTEEN DAYS AFTER THE CLOSE OF THE CALEN-
     8  DAR QUARTER FOR SUCH CALENDAR QUARTER.   SUCH REPORT SHALL  INCLUDE  ALL
     9  TAX  CREDITS CLAIMED UNDER SECTIONS TWENTY-FOUR AND THIRTY-ONE, AS ADDED
    10  BY SECTION TWELVE OF PART Q OF CHAPTER FIFTY-SEVEN OF THE  LAWS  OF  TWO
    11  THOUSAND  TEN,  OF THE TAX LAW.    SUCH REPORT SHALL INCLUDE, BUT NOT BE
    12  LIMITED TO, FOR EACH PROJECT, BY NAME,  AND  FOR  EACH  COUNTY,  IN  THE
    13  AGGREGATE:
    14    (A)   QUALIFIED PRODUCTION COSTS AND IN WHICH COUNTIES SUCH COSTS WERE
    15  INCURRED.
    16    (B) DAYS OF PRINCIPAL PHOTOGRAPHY AND IN WHICH COUNTIES SUCH PRINCIPAL
    17  PHOTOGRAPHY TOOK PLACE.
    18    (C) NUMBER OF  EMPLOYEES  ASSOCIATED  AND  TOTAL  EMPLOYEES  HIRED  IN
    19  RELATION TO SUCH PROJECT AND IN WHICH COUNTIES SUCH EMPLOYEES RESIDE AND
    20  WORK.
    21    (D)  CREDIT-ELIGIBLE  WORK HOURS AND IN WHICH COUNTIES SUCH WORK HOURS
    22  OCCURRED.
    23    (E) AMOUNT OF TAX CREDITS ISSUED.
    24    § 2. This act shall take effect one year after it shall have become  a
    25  law.

         EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD09283-01-5