WeVote
Log In

Bill

Bill

A 11092

Increases transparency in certain film production and post-production tax credits

2025 Regular Session Introduced by Al Stirpe

The bill requires quarterly, public reports detailing film tax credits by project and county, including costs, filming days, employment, hours, and credit amounts.

REFERRED TO ECONOMIC DEVELOPMENT
0
WeVote Research Nonpartisan
Bill Summary · A 11092

Summary of New York A 11092 (2025-2026)

Bill at a Glance

  • Title: Increases transparency in certain film production and post-production tax credits
  • Jurisdiction: New York
  • Session: 2025-2026
  • Introduced by: Assemblymember Stirpe
  • Committee: Economic Development
  • Status: Referred to Economic Development (as of April 24, 2026)
  • Effective date: One year after becoming law

Purpose and Intent

The bill broadens and formalizes the reporting of film production and post-production tax credits. It requires the New York Department of Economic Development (the department) to produce a quarterly, publicly accessible report detailing credit activity by project and by county. The objective is to improve transparency around where tax credits are claimed and the associated economic activity.

Key Provisions

New Reporting Requirement

  • Quarterly reporting: The department must submit a report within 15 days after the close of each calendar quarter.
  • Recipients of the report: Governor, Director of the Division of the Budget, Chair of the Assembly Ways and Means Committee, and Chair of the Senate Finance Committee.
  • Publication: The report must be published on the department’s public-facing website.

Scope of Credits Included

  • The report covers tax credits claimed under sections 24 and 31 of the Tax Law, as added by Part Q of Chapter 57 of the Laws of 2010 (the NY film production/post-production tax credit statutes).

Data Included in the Report (by project and by county, aggregate)

For each project (by name) and for each county (in the aggregate), the report must include:
1. Qualified production costs and the counties where these costs were incurred.
2. Days of principal photography and the counties where principal photography occurred.
3. Employment data: number of employees associated with the project and total employees hired; breakdown by county (where employees reside and work).
4. Credit-eligible work hours and the counties where these hours occurred.
5. Amount of tax credits issued.

Who/What is Affected

  • State agencies: Department of Economic Development (for data gathering and publication).
  • Tax credit programs: Film production and post-production tax credits (as authorized under Tax Law sections 24 and 31).
  • Public and policymakers: Enhanced visibility into where film activity occurs, how credits are allocated, and the resulting economic impact by county.

Procedural and Timeline Considerations

  • Reporting cadence: Quarterly, with reports due 15 days after each calendar quarter’s close.
  • Delivery chain: Reports submitted to the Governor, the Director of the Division of the Budget, and the chairs of both the Assembly Ways and Means and Senate Finance committees; subsequently published on the department’s website.
  • Effective date: The act takes effect one year after it becomes law (providing time to implement data collection, systems, and reporting processes).

Potential Impact and Use

  • Transparency and accountability: More granular public data on film tax credit utilization by locale and project activity.
  • Economic analysis: Easier assessment of how credits correlate with job creation, production activity, and regional economic distribution.
  • Policy review: Data can inform future adjustments to incentive programs, budget planning, and geographic targeting.
  • Public accessibility: Researchers, local governments, and industry stakeholders can access standardized quarterly data.

Note: The bill emphasizes reporting specificity (project name, county-level costs, filming days, employment details, hours, and credit amounts) to enhance clarity about how film credits drive economic activity across New York State.

Compiled from official sources — confirm details with the bill’s official record.

Sign in to ask a question.