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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.
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.
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 ...
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 ...
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)
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.
The Mayor's Office of Film, Theatre & Broadcasting (MOFTB) is the oldest film commission in the United States. [1] It is New York City ’s agency responsible for coordinating municipal support for film and television production , including approving film shoots and liaising with government agencies and promoting the industry.
In 2023, legislation extended the state’s tax incentive program for productions for five years. It came as competition for film and TV production from other states and countries was on the rise.
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