Film industry leaders are applauding Gov. Andrew Cuomo and the state Legislature for enacting a three-year extension of the New York State Film Tax Credit program, at the existing funding level of $420 million a year, through 2022. The extension ensures the Program continues to provide a boost to local small businesses and New York's economy. Since 2011, more than 1,000 film and television projects have submitted applications to the program, generating an estimated $15.3 billion in spending and approximately 966,854 new hires in New York State.
Click here to read the extension announcement - and look for more reaction and further details in the full April newsletter, out later this month.