Bill

S 8229

Relates to permitting A Beautiful Noise, LLC to file an application for a New York city musical and theatrical production tax credit for 2022

2025 Regular Session Introduced by Brad Hoylman-Sigal

Allows A Beautiful Noise, LLC to file for the NYC musical/theatrical production tax credit for 2022 (retroactive filing), without changing eligibility rules.

REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS

WeVote Research Nonpartisan

Bill Summary · S 8229

Summary of Bill S 8229

Overview

Bill S 8229 would authorize A Beautiful Noise, LLC to file an application for the New York City musical and theatrical production tax credit for the year 2022. The bill does not appear to modify eligibility criteria or the size of the credit itself; it focuses on enabling a specific project/entity to apply for the credit for that year. The bill is currently in committee, referred to Investigations and Government Operations.

Key Provisions

Relates to permitting A Beautiful Noise, LLC to file an application for the New York City musical and theatrical production tax credit for 2022.
No explicit changes to credit eligibility rules, caps, or dining credits are stated in the summary provided.
The measure appears to provide retroactive or late-application authorization specifically for this entity and year.

Affected Parties

A Beautiful Noise, LLC (the entity permitted to file for the credit under this bill).
The New York City musical and theatrical production tax credit program and its administering agency (the bill would allow an application to be filed for 2022, pending the usual program requirements).
Other producers and applicants could be indirectly affected if the bill’s approach signals potential retroactive filing processes, though the text provided focuses on A Beautiful Noise, LLC.

Procedural and Timeline Aspects

Introduced: May 23, 2025.
Status: Referred to Investigations and Government Operations (in the New York Senate).
Legislative Actions: Two identical referrals recorded on the same date.
Related/Companion: Assembly Bill A 8754 (listed as the companion bill).

Fiscal and Policy Considerations

The summary provided does not include fiscal impact details (e.g., cost to the city, anticipated credits claimed, or cap implications).
If enacted, the bill could affect the timing and processing of an existing NYC tax credit program for 2022 and may have implications for how retroactive or late-filed applications are treated within the program’s guidelines.
Absent further detail, it is unclear whether the bill would set any new requirements or modify criteria beyond allowing the specific filing for A Beautiful Noise, LLC.

Next Steps for Readers

Monitor committee activity in the Senate for updates, potential amendments, or passage.
Review the companion Assembly bill A 8754 for parallel provisions and status.
If you represent a production entity, consider how retroactive filing rules, if enacted, might interact with the NYC tax credit program’s existing requirements.

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