Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 14, 2016 |
print number 2518a |
Jan 14, 2016 |
amend and recommit to investigations and government operations |
Jan 06, 2016 |
referred to investigations and government operations |
Jan 26, 2015 |
referred to investigations and government operations |
Senate Bill S2518A
2015-2016 Legislative Session
Sponsored By
(D, WF) 21st Senate District
Archive: Last Bill Status - In Senate Committee Investigations And Government Operations Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Bill Amendments
2015-S2518 - Details
2015-S2518 - Sponsor Memo
BILL NUMBER:S2518 TITLE OF BILL: An act to amend the tax law, in relation to eligibility for the empire state film production credit PURPOSE: To include writing fees as an eligible expense to receive a credit under the Empire State Film Production Credit for a movie or television show produced in New York State. SUMMARY OF PROVISIONS: Section 1. Modifies the definition of "qualified production costs" to include writer's fees and services. Section 2. Defines "writer" for purposes of the Empire State Film Production Credit. Section 3. Places a cap of $50,000 per writer on the amount of the credit that may be claimed by a qualified taxpayer. Places a cap of five million dollars on the amount of tax credit that may be disbursed for writers. Section 4. Requires of hiring of a minority or woman writer when more than three writers are hired.
2015-S2518 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 2518 2015-2016 Regular Sessions I N S E N A T E January 26, 2015 ___________ Introduced by Sen. PARKER -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Govern- ment Operations AN ACT to amend the tax law, in relation to eligibility for the empire state film production credit THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph 2 of subdivision (b) of section 24 of the tax law, as added by section 1 of part P of chapter 60 of the laws of 2004, is amended to read as follows: (2) "Production costs" means any costs for tangible property used and services performed directly and predominantly in the production (includ- ing pre-production and post production) of a qualified film. "Production costs" shall not include [(i) costs for a story, script or scenario to be used for a qualified film and (ii)] wages or salaries or other compensation for writers, directors, including music directors, producers and performers (other than background actors with no scripted lines). WRITERS' FEES AND SALARIES SHALL BE ELIGIBLE PRODUCTION COSTS SUBJECT TO THE PROVISIONS OF SUBDIVISION (C) OF THIS SECTION; PROVIDED, HOWEVER, THAT FEES THAT ARE BASED ON DEFERRED, LEVERAGED OR PROFIT PARTICIPATION COSTS, OR ARE IN EXCESS OF THOSE OTHERWISE PERMITTED BY SUBDIVISION (C) OF THIS SECTION SHALL NOT BE ELIGIBLE PRODUCTION COSTS. "Production costs" generally include technical and crew production costs, such as expenditures for film production facilities, or any part thereof, props, makeup, wardrobe, film processing, camera, sound record- ing, set construction, lighting, shooting, editing and meals. S 2. Subdivision (b) of section 24 of the tax law is amended by adding a new paragraph 9 to read as follows: (9) "WRITER" MEANS A WRITER EMPLOYED OR RETAINED TO WRITE OR REVISE SCRIPTS, SCREENPLAYS, TELEPLAYS, DIALOGUE, SKETCHES, ROUTINES OR NARRATIONS. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD06956-01-5
2015-S2518A (ACTIVE) - Details
2015-S2518A (ACTIVE) - Sponsor Memo
BILL NUMBER: S2518A TITLE OF BILL : An act to amend the tax law, in relation to eligibility for the empire state film production credit PURPOSE : To include writing fees as an eligible expense to receive a credit under the Empire State Film Production Credit for a movie or television show produced in New York State. SUMMARY OF PROVISIONS : Section 1. Modifies the definition of "qualified production costs" to include writer's fees and services. Section 2. Defines "writer" for purposes of the Empire State Film Production Credit. Section 3. Places a cap of $50,000 per writer on the amount of the credit that may be claimed by a qualified taxpayer. Places a cap of five million dollars on the amount of tax credit that may be disbursed for writers.
2015-S2518A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 2518--A 2015-2016 Regular Sessions I N S E N A T E January 26, 2015 ___________ Introduced by Sen. PARKER -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Govern- ment Operations -- recommitted to the Committee on Investigations and Government Operations in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the tax law, in relation to eligibility for the empire state film production credit THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph 2 of subdivision (b) of section 24 of the tax law, as added by section 1 of part P of chapter 60 of the laws of 2004, is amended to read as follows: (2) "Production costs" means any costs for tangible property used and services performed directly and predominantly in the production (includ- ing pre-production and post production) of a qualified film. "Production costs" shall not include [(i) costs for a story, script or scenario to be used for a qualified film and (ii)] wages or salaries or other compensation for writers, directors, including music directors, producers and performers (other than background actors with no scripted lines). WRITERS' FEES AND SALARIES SHALL BE ELIGIBLE PRODUCTION COSTS SUBJECT TO THE PROVISIONS OF SUBDIVISION (C) OF THIS SECTION; PROVIDED, HOWEVER, THAT FEES THAT ARE BASED ON DEFERRED, LEVERAGED OR PROFIT PARTICIPATION COSTS, OR ARE IN EXCESS OF THOSE OTHERWISE PERMITTED BY SUBDIVISION (C) OF THIS SECTION SHALL NOT BE ELIGIBLE PRODUCTION COSTS. "Production costs" generally include technical and crew production costs, such as expenditures for film production facilities, or any part thereof, props, makeup, wardrobe, film processing, camera, sound record- ing, set construction, lighting, shooting, editing and meals. S 2. Subdivision (b) of section 24 of the tax law is amended by adding a new paragraph 9 to read as follows: EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD06956-02-6
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