New York S 4662: Increases transparency in certain film production and post-production tax credits

Bill Text

Bill Search and Legislative Information | New York State Assembly 

• 

• 

• 

• 

• 

• 

• 

• 

 Skip to main content 

 New York State Assembly

 Speaker Carl E. Heastie

 --> 
 --> 

 --> 

• 
 Assembly Members 

• 
 Legislative Info 

• 
 Public Hearings 

• 
 Speaker's Press 

• 
 Assembly Reports 

• 
 Committees & More 

• Bill Search Home
• Laws
• Legislative Calendar
• Public Hearing Schedule
• Assembly Calendars
• Assembly Committee Agenda 

 Javascript must be enabled to properly view this page. 

 Bill No.: 

• Summary 
• Actions 
• Committee&nbspVotes 
• Floor&nbspVotes 
• Memo 
• Text 
• LFIN 
• Chamber&nbspVideo/Transcript 
S04662 Summary:

BILL NOS04662 

&nbsp

SAME ASSAME AS A11092

&nbsp

SPONSORSKOUFIS

&nbsp

COSPNSR

&nbsp

MLTSPNSR

&nbsp

Amd §100, Ec Dev L

&nbsp

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.

Go to top S04662 Actions:

BILL NOS04662 

&nbsp

02/11/2025REFERRED TO COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS

01/07/2026REFERRED TO COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS

Go to topS04662 Committee&nbspVotes:

Go to topS04662 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS04662 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 4662

 2025-2026 Regular Sessions

 IN SENATE

 February 11, 2025
 ___________

 Introduced by Sen. SKOUFIS -- read twice and ordered printed, and when
 printed to be committed to the Committee on Commerce, Economic Devel-
 opment and Small Business

 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.

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

 S. 4662 2

 1 (d) credit-eligible work hours and in which counties such work hours
 2 occurred.
 3 (e) amount of tax credits issued.
 4 § 2. This act shall take effect one year after it shall have become a
 5 law.

Go to top 

• 

 Sitemap 

 Request Information 

 Directions and Maps