New York Codes Rules Regulations (Last Updated: March 27,2024) |
TITLE 5. Department of Economic Development |
Chapter XVII. Empire State Film Production Tax Credit Program |
Part 170. Empire State Film Production Tax Credit Program |
Sec. 170.5. Allocation of Empire State film production tax credit
Latest version.
- The amount of the credits given for each calendar year shall be allocated in order of priority based upon receipt of a complete final application. In the event that an approved applicant’s Empire State film production tax credit would exceed the maximum amount of credits allowed for that given year, the approved applicant’s credit will be allocated on a priority basis in the immediately succeeding calendar year.