|Incentive Type||Non-Transferable Refundable Tax Credit|
|Above the Line Residents||N/A|
|Above the Line Nonresidents||N/A|
|Below the Line Residents||25-35%|
|Below the Line Nonresidents||25-35%|
|Bonus||Productions with budgets over $500,000 may received an additional 10% credit on qualified labor expenses incurred in certain Upstate counties including:The new counties added are Albany, Allegany, Broome, Cattaraugus, Cayuga, Chautauqua, Chemung, Chenango, Clinton, Columbia, Cortland, Delaware, Dutchess, Erie, Essex, Franklin, Fulton, Genesee, Greene, Hamilton, Herkimer, Jefferson, Lewis, Livingston, Madison, Monroe, Montgomery,, Oneida, Onondaga, Ontario, Orange, Orleans, Oswego, O Niagaratsego, Putnam, Rensselaer, Saratoga, Schenectady, Schoharie, Schuyler, Seneca, St. Lawrence, Steuben, Suffolk, Sullivan, Tioga, Tompkins, Ulster, Warren, Washington, Wayne, Wyoming, Or Yates; effective 2015-2025. There is a maximum of $5 million per year that can be allocated for the additional 10 percent credit on qualified labor expenses.|
*Minimum Budget $1M if majority of principal photography shooting days are shot in Westchester, Rockland, Nassau,
or Suffolk county or any of the five New York City boroughs (with the exception of a television pilot)
Minimum Budget of $250K if majority of principal photography
shooting days in the production of the qualified film are shot in any other county outside of Westchester, Rockland, Nassau,
or Suffolk county or any of the five New York City boroughs. (with the exception of a television pilot)
Features Runtime must at least be 75 Minutes
TV episodes Runtime Must at least be 30 Minutes with commercials (22-23 Minutes without)
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|Loanout Registration Required||No|
|Annual Funding Caps||$420,000,000|
**Tax credit certificates issued on or after January 1, 2020 to productions will be reduced by .25% (a quarter of 1%) to be transferred to the Empire State Entertainment Diversity Job Training Development Fund.
Separate Commercial Incentive- Please see Sub-state page for further info.
If the amount of the tax credits issued is $1-$5 million, the credit will be claimed in equal installments over a two year period. If the amount of the credit greater than $5M, the credit will be claimed in three equal installments, over a three year period.
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Last updated: 04/10/2020
Production Incentive Disclaimer
The encapsulated production incentive information on this page is provided for general purposes only and should not be construed as tax advice. While we do our utmost to keep all information up to date, production incentives change often. The best source for incentive details is the film office itself. For more explanation or detail about the production incentive described here, please contact our resident production incentives expert at [email protected].