Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 05, 2022 |
referred to investigations and government operations |
Feb 26, 2021 |
referred to investigations and government operations |
Senate Bill S5226
2021-2022 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
2021-S5226 (ACTIVE) - Details
- Current Committee:
- Senate Investigations And Government Operations
- Law Section:
- Tax Law
- Laws Affected:
- Amd §24, Tax L
- Versions Introduced in Other Legislative Sessions:
-
2015-2016:
S4554
2017-2018: S2852
2019-2020: S4869
2023-2024: S6840
2021-S5226 (ACTIVE) - Sponsor Memo
BILL NUMBER: S5226 SPONSOR: PARKER TITLE OF BILL: An act to amend the tax law, in relation to the empire state film production tax credit PURPOSE OR GENERAL IDEA OF BILL: TO MAKE DOCUMENTARIES A "QUALIFIED FILM" FOR THE PURPOSES OF SECTION 24 OF THE, TAX LAW. SUMMARY OF SPECIFIC PROVISIONS: PARAGRAPH 3 OF SUBDIVISION (B) OF SECTION 24 OF THE TAX LAW, AS ADDED BY SECTION 1 OF PART B OF CHAPTER 59 OF THE LAWS OF 2013, IS AMENDED. JUSTIFICATION:
2021-S5226 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5226 2021-2022 Regular Sessions I N S E N A T E February 26, 2021 ___________ 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 the empire state film production tax credit THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph 3 of subdivision (b) of section 24 of the tax law, as separately amended by sections 3 and 4 of part M of chapter 59 of the laws of 2020, is amended to read as follows: (3) "Qualified film" means a feature-length film, television film, relocated television production, DOCUMENTARY FILM, television pilot or television series, regardless of the medium by means of which the film, pilot or series is created or conveyed. For the purposes of the credit provided by this section only, a "qualified film" with the exception of a television pilot, whose majority of principal photography shooting days in the production of the qualified film are shot in Westchester, Rockland, Nassau, or Suffolk county or any of the five New York City boroughs shall have a minimum budget of one million dollars. A "quali- fied film", with the exception of a television pilot, whose majority of principal photography shooting days in the production of the qualified film are shot in any other county of the state than those listed in the preceding sentence shall have a minimum budget of two hundred fifty thousand dollars. "Qualified film" shall not include: (i) [a documentary film,] news or current affairs program, interview or talk program, "how-to" (i.e., instructional) film or program, film or program consist- ing primarily of stock footage, sporting event or sporting program, game show, award ceremony, film or program intended primarily for industrial, corporate or institutional end-users, fundraising film or program, daytime drama (i.e., daytime "soap opera"), commercials, music videos or "reality" program; (ii) a production for which records are required EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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