Television writers’ and directors’ fees and salaries credit (Articles 9-A and 22)

A clarification was made to the effective date of the television writers’ and directors’ fees and salaries credit, which was signed into law by Chapter 683 of the Laws of 2019.

The credit will now take effect on the taxable year or years after the Legislative Bill Drafting Commission is notified by the Department of Economic Development (ESD) in a report (based upon a study conducted by ESD) that there is statistically significant evidence of the underutilization of minority and women screenwriters on projects in New York State.

[Subpart X of Part XX of Chapter 55 of the Laws of 2020; Tax Law §§ 24-b, 606(v), and 210 B(54)]