Last week Scott Levy, along with the folks from the Production Initiatives Association, represented Eastern Effects and the Film and TV industry in Albany to talk to lawmakers about the Film Tax Incentive Program.
Since it launched in 2004, the NYS Film and Television Production Incentive has created over one million union jobs and generated billions of dollars in economic activity, turning film and TV production into a multi-billion-dollar industry in New York.
Film and TV production supports high-quality, high-paying jobs, benefits local businesses, and adds an average of $1.3 million to the local economy every day it’s in production. It’s no wonder that according to a recent survey, 78% of New Yorkers support the tax incentives, with bipartisan backing across Democrats (86%), Independents (68%), and Republicans (72%).
Voters recognize the value of keeping productions local, with 62% citing economic benefits like increased tax revenues and business investment as key reasons to support the program.
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