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Accounting for production spending going to in-state people and businesses versus out-of-state people and businesses, the film tax credit program resulted in $32.6 million in new spending for the Massachusetts economy. The film tax incentive program generated additional Massachusetts state GDP of $168.5 million and personal income of $25.2 million.
Empire State Development CEO Hope Knight defended state incentives like the Film Production Tax Credit even after a damning independent analysis found the nearly $700 million yearly expense to the ...
Made in NY is an incentive program and marketing campaign of the City of New York Mayor's Office of Film, Theatre & Broadcasting.Under the program, television and film productions which complete at least 75% of their shooting and rehearsal work in New York City are eligible for marketing incentives and tax credits, and can display the Made in NY logo in their closing credits.
New York is poised to dramatically increase its film tax incentive from $420 million a year to $700 million, as it looks to stave off competition from New Jersey and Georgia. Gov. Kathy Hochul ...
The industry has long sought a nationwide film incentive, which would supplement the state-by-state tax credit programs in places like Georgia, New Mexico, California and New York.
MA Dept. of Revenue: A Report on the Massachusetts Film Industry Tax Incentives; MBPC: Film Industry Tax Credit Brief; DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT: The Economic and Fiscal Impacts of Connecticut’s Film Tax Credit; Cast and Crew: Production Incentives by State Flixter 18:04, 6 December 2012 (UTC)
Since 2018, New Jersey has approved $723 million in tax subsidies for film, television and “digital media” productions, public records show.
Kaufman also oversees the new Empire State Film Production Credit incentive program, which is designed to offer incentives to qualified productions choosing to film in New York. The program was signed into law in August 2004 and has already had a significant impact on film and television production in New York. [1]
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