Wednesday, September 14, 2011

From Politics On The Hudson Blog

(to see the huge list of productions, go to this site and then scroll down...
http://polhudson.lohudblogs.com/2011/09/13/your-tv-guide-to-new-yorks-film-tax-credit/


Your TV Guide To New York’s Film Tax Credit

Posted by: Joseph Spector - Posted in Uncategorized on Sep 13, 2011

Following our recent report on the state’s lucrative film-tax credit program, here’s the list of all the shows and movies that have received film-tax credits from New York between Jan. 1, 2008 and May 31 of this year.

Gannett’s Albany Bureau filed a Freedom of Information request in May seeking from the state Empire State Development Corp. the amount of taxpayer-funded breaks that each project has gotten. But the agency hasn’t released the information, saying much of it could be proprietary.

It did release a list of the shows and movies that received tax breaks, but not how much each one got. The shows and movies are popular ones: including “30 Rock”, “Ugly Betty” and “Law & Order”.

From the article:

Some hits on the big screen have also received state tax breaks: the Will Smith movie I Am Legend, the critically acclaimed Black Swan and both Sex and the City movies.

Even Saturday Night Live — a New York City staple for decades — got tax breaks, including for its election specials in 2008, records show.

All are courtesy of the New York State Film Production Credit program. The state has aggressively expanded the tax credit, agreeing in 2010 under then-Gov. David Paterson to set aside $420 million a year for five years for the production of movies and television shows through a 30 percent break on many expenses.

Supporters hail the program as an economic boon and a way to stay competitive with other states.

But the success has been criticized as a New York City-focused initiative funded by the entire state. And the big bucks for the studios come as New York has cut back on funding for schools, trimmed its workforce and limited aid for job-creation programs.

Empire State Development Corp. said it has issued tax credits to 274 productions worth $824 million since the program started in 2004.

Your TV Guide To New York’s Film Tax Credit

Posted by: Joseph Spector - Posted in Uncategorized on Sep 13, 2011

Following our recent report on the state’s lucrative film-tax credit program, here’s the list of all the shows and movies that have received film-tax credits from New York between Jan. 1, 2008 and May 31 of this year.

Gannett’s Albany Bureau filed a Freedom of Information request in May seeking from the state Empire State Development Corp. the amount of taxpayer-funded breaks that each project has gotten. But the agency hasn’t released the information, saying much of it could be proprietary.

It did release a list of the shows and movies that received tax breaks, but not how much each one got. The shows and movies are popular ones: including “30 Rock”, “Ugly Betty” and “Law & Order”.

From the article:

Some hits on the big screen have also received state tax breaks: the Will Smith movie I Am Legend, the critically acclaimed Black Swan and both Sex and the City movies.

Even Saturday Night Live — a New York City staple for decades — got tax breaks, including for its election specials in 2008, records show.

All are courtesy of the New York State Film Production Credit program. The state has aggressively expanded the tax credit, agreeing in 2010 under then-Gov. David Paterson to set aside $420 million a year for five years for the production of movies and television shows through a 30 percent break on many expenses.

Supporters hail the program as an economic boon and a way to stay competitive with other states.

But the success has been criticized as a New York City-focused initiative funded by the entire state. And the big bucks for the studios come as New York has cut back on funding for schools, trimmed its workforce and limited aid for job-creation programs.

Empire State Development Corp. said it has issued tax credits to 274 productions worth $824 million since the program started in 2004.

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