Save New York State's TV and Film Tax Credits

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February 6, 2009

David A. Paterson
State Capitol
Albany, NY 12224

518-474-8390

To: Governor David A. Paterson
CC: Speaker of the Assembly/Assemblyman Sheldon Silver,
Senate Majority Leader Malcolm A. Smith

We are writing to you today, on behalf of the thousands of men and women employed in the film and television industry in New York State. A recent article in the New York Post, titled вCut! And Run Looms: NY Out of Film Luresв, reported that the successful state program that provides tax credits to lure television and film productions to New York has run out of money. The report goes on to say that вA Paterson spokesman said yesterday that there is no additional funding for the tax credits included in his latest budget proposal.в This is alarming.

With an unemployment rate of over 7\%, now is not the time to cut programs that create jobs and foster new businesses in our state. This program is proven to be highly successful and at a time when this industry needs all the help it can get, you must rethink the true impact of not funding this valuable program.

According to a 2007 study by Ernst and Young, the state and city combined have issued $690 million in tax credits and have collected $2.7 billion in taxes from movie and television productions. This program pays for itself! It helped create over 7,000 jobs, directly, in 2007 and over 12,000 jobs indirectly.

As you are aware, New York City has seen a surge in new television, motion picture and commercial filming in recent years. The Mayorвs Office of Film, Theater and Broadcasting reports that in 2002, there were 14,858 NYC location shooting days and in 2008, we reached over 27,250 days. There is a direct correlation between the growth of this industry and the tax credits provided from the state - we need to keep the momentum going, especially during tough economic times.

New York City and New York State have become вHollywood of the Eastв. We are finally a player in the international film industry. Please, Governor Paterson, fund the New York State Tax Credit program for television and motion pictures. Real jobs depend on it!

14572 Signatures

  • David M
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  • janet s
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  • Lori D
  • Robert H
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  • Adam G
    • Comments
    • В
  • Kim W
  • Amber R. K
  • stuart match s
    • Comments
    • Green, & clean jobs w benefits!!!
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  • Amy C. B
  • David S
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  • javier b
  • Derek Y
    • Comments
    • New York State has only in the last several years been able to recover from runaway productions to Canada, and now with vigorous tax credits available in other nearby states, many local productions have decamped once again, and the trend will continue. The reduction of in-state spending by the film/television industry, and the loss of jobs here will be devastating to New York's economy.
  • Sean C
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    • keep our jobs in nyc!!!
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    • editor
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  • Carol J
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    • Please renew, we need the jobs
  • Frank M
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    • NY State cannot AFFORD not to save the Credit
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