Love running into movie stars on the street during filming and having their big tables full of bagels block you from getting into work? Then you’ll be thrilled to hear that Governor Paterson’s new state budget includes a renewal of New York’s film production tax credit which will provide $420 million in tax rebates over the next five years. Participation in the program requires a certain percentage of the film’s budget to be spent in New York and a thank you credit at the end of each film. More importantly though, this will ensure that when filmmakers are looking for a place to destroy on film, it will be New York.
NY film production tax credit renewed [Variety]