•  Summary 
  •  Actions 
  •  Committee Votes 
  •  Floor Votes 
  •  Memo 
  •  Text 
  •  LFIN 
  •  Chamber Video 

A02042 Summary:

Amd 24, Tax L
Authorizes documentary films to be qualified films for inclusion in the empire state film production tax credit.
Go to top    

A02042 Actions:

01/17/2017referred to ways and means
Go to top

A02042 Memo:

Memo not available
Go to top

A02042 Text:

                STATE OF NEW YORK
                               2017-2018 Regular Sessions
                   IN ASSEMBLY
                                    January 17, 2017
        Introduced by M. of A. LENTOL -- read once and referred to the Committee
          on Ways and Means
        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:

     1    Section  1.  Paragraph  3  of subdivision (b) of section 24 of the tax
     2  law, as amended by section 1 of part B of chapter  59  of  the  laws  of
     3  2013, is amended to read as follows:
     4    (3)  "Qualified  film"  means  a feature-length film, television film,
     5  relocated television  production,  documentary  film,  television  pilot
     6  and/or  each episode of a television series, regardless of the medium by
     7  means of which the film, pilot or episode is created or conveyed. "Qual-
     8  ified film" shall not include (i) a [documentary film,] news or  current
     9  affairs  program,  interview  or  talk program, "how-to" (i.e., instruc-
    10  tional) film or program, film or program consisting primarily  of  stock
    11  footage,  sporting event or sporting program, game show, award ceremony,
    12  film or program intended primarily for industrial, corporate or institu-
    13  tional end-users, fundraising film  or  program,  daytime  drama  (i.e.,
    14  daytime  "soap  opera"), commercials, music videos or "reality" program,
    15  or (ii) a production for which records are required under  section  2257
    16  of  title  18,  United States code, to be maintained with respect to any
    17  performer in such production  (reporting  of  books,  films,  etc.  with
    18  respect to sexually explicit conduct).
    19    § 2. This act shall take effect immediately and shall apply to taxable
    20  years beginning on or after January 1, 2017.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
Go to top