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NJ.com: Hollywood welcome in N.J. as Murphy approves 5 years of film tax credits

Hollywood welcome in N.J. as Murphy approves 5 years of film tax credits

Updated Jan 21, 2020; Posted Jan 21, 2020 By Samantha Marcus | NJ Advance Media for NJ.com Gov. Phil Murphy on Tuesday agreed to extend through 2028 a tax incentive program to bring film, TV and digital productions to New Jersey. The program is only in its second year and isn’t slated to expire until 2023. But the law the governor signed Tuesday adds five additional years the corporation business tax and income tax credits available to productions that choose to film at locales in the Garden State. ...read more...

Crain's NY Bus NYS filming-tax incentives 2019

Crain’s New York Business 4/10/19: Legislature approves $840M in refundable credits for television and movie producers

As part of the $175.5 billion budget deal struck during a weekend of negotiations at the start of this month, Governor Andrew Cuomo and the Democratic-controlled legislature approved $840 million in refundable credits for television and movie producers over the next two fiscal years. The state’s already handed out $7.3 billion of incentives to the industry since 2004, according to the Citizens Budget Commission.