Empire State film production credit (Articles 9-A and 22)

The credit is amended and enhanced to:

Extend the credit through tax year 2036.

Allow taxpayers who submit applications on or after January 1, 2025, to claim the credit in the taxable year that includes the last day of the allocation year of the film. Taxpayers are no longer required to claim the credit over a two or three year period for amounts exceeding $1 million.

Require a taxpayer whose certificate of tax credit is revoked to recapture the amount of the credit in the taxable year in which the revocation becomes final.

Allow an additional 10% for qualified musical scoring production costs incurred within the state when the scoring includes payment to at least five musicians.

Create a new Production Plus Program that allows a qualified production company that produces multiple projects in the state to claim an additional credit equal to 5-10% of the qualified production costs.

This credit is administered by the New York State Governor's Office of Motion Picture & Television Development. For more information, visit Empire State film production credit .

[Part I of Chapter 59 of the Laws of 2025; Tax Law §§ 24, 210-B.20 and 606(gg)]