NY A05559 | 2011-2012 | General Assembly

Status

Spectrum: Partisan Bill (Democrat 27-0)
Status: Introduced on February 23 2011 - 25% progression, died in chamber
Action: 2011-06-01 - enacting clause stricken
Text: Latest bill text (Introduced) [HTML]

Summary

Establishes an Empire state film post production tax credit against personal and corporate franchise taxes for a portion of qualified post production costs attributable to the use of tangible property or services within the state; directs the commissioner of taxation and finance to withhold 7% of such credit and to deposit the revenue therefrom into the New York state post production internship education and development program fund; monies from such fund shall be disbursed for the payment of tuition for post production interns.

Tracking Information

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Title

Establishes an Empire state film post production tax credit against personal and corporate franchise taxes for a portion of qualified post production costs attributable to the use of tangible property or services within the state; directs the commissioner of taxation and finance to withhold 7% of such credit and to deposit the revenue therefrom into the New York state post production internship education and development program fund; monies from such fund shall be disbursed for the payment of tuition for post production interns.

Sponsors


History

DateChamberAction
2011-06-01Assemblyenacting clause stricken
2011-02-23Assemblyreferred to ways and means

New York State Sources


Bill Comments

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