Type of Incentive Tax credit; refundable; non-transferable.
Benefit Details 30% qualified spend +10% on qualified labor in certain counties with budgets over $500,000. Maximum of $5M per year for additional 10% credit.
Project Cap None
Annual Cap $395M for production

$25M for post-production

Minimum Local Spend None; $500,000 for additional 10% credit
Loan-Out Company Considerations None
Qualified Labor BTL Resident and BTL Non-Resident
Sunset Date  December 31, 2022
Film Commission NYS Governor’s Office for Motion Picture and Television Development
633 Third Avenue, 33rd Floor
New York, New York 10017