S T A T E O F N E W Y O R K
________________________________________________________________________
5386
2017-2018 Regular Sessions
I N A S S E M B L Y
February 8, 2017
___________
Introduced by M. of A. DiPIETRO -- read once and referred to the Commit-
tee on Ways and Means
AN ACT to amend the tax law, in relation to the empire state film
production tax credit
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Paragraph 3 of subdivision (b) of section 24 of the tax
law, as amended by section 1 of part B of chapter 59 of the laws of
2013, is amended to read as follows:
(3) "Qualified film" means a feature-length film, television film,
ANIMATED SHORT FILM, BROADCAST SERIES AND/OR FEATURES, relocated tele-
vision production, television pilot and/or each episode of a television
series, regardless of the medium by means of which the film, pilot or
episode is created or conveyed. "Qualified film" shall not include (i) a
documentary film, news or current affairs program, interview or talk
program, "how-to" (i.e., instructional) film or program, film or program
consisting primarily of stock footage, sporting event or sporting
program, game show, award ceremony, film or program intended primarily
for industrial, corporate or institutional end-users, fundraising film
or program, daytime drama (i.e., daytime "soap opera"), commercials,
music videos or "reality" program, or (ii) a production for which
records are required under section 2257 of title 18, United States code,
to be maintained with respect to any performer in such production
(reporting of books, films, etc. with respect to sexually explicit
conduct).
§ 2. This act shall take effect immediately and shall apply to taxable
years beginning on or after January 1, 2018.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD05922-01-7