Bill Signed Expanding Tax Credit for Nys Film Productions

Summary

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"It is vital to our state's economy that New York remains a premier destination for film and television productions," said Governor [David A. Paterson]. "The entertainment industry plays an important role in fostering economic growth by promoting our state on movie and television screens across the world, and creating thousands of jobs for New Yorkers."

Pat Swinney Kaufman, Executive Director of the Governor's Office for Motion Picture & Television Development, said: "In the end we believe every producer and director wants to shoot in New York, and with the strengthened credit they will again be able to make that choice. I was just in Los Angeles, making studio visits and meeting with producers, and they are ecstatic about the increase. We expect to get a bumper crop of new productions, which is good news for New York's film community and our economy."

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Bill Signed Expanding Tax Credit for Nys Film Productions

Governor David A. Paterson recently announced that he will sign legislation this afternoon, which will dramatically expand the Empire State film production tax credit pr...

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