Dear Colleagues,

This morning, Governor Hochul signed the FY 2026 New York State Budget, which includes enhancements to the NYS Film Tax Credit Programs to attract and retain film and tv production.

Along with preserving and enhancing the NYS Film Tax Credit Programs, the budget introduced two new, first-in-the-nation initiatives: Production+, which incentivizes recurring business, and the $100M Empire State Independent Production Program, which will expedite the monetization of the credit for independent projects.

Please join members of the Governor’s senior team, Empire State Development, and the NYS Governor’s Office of Motion Picture & Television Development for a briefing on Governor Hochul’s enhancements to attract and retain the state’s film and TV industry. Specifics are available here.

What: FY 2026 Executive Budget Film & Television Briefing Zoom

When: Monday, May 12 at 3p ET

Register: HERE

Please submit any questions through the Zoom registration, as well as via the Q&A function during the briefing. Please note: there may not be time to answer all questions submitted.

Sincerely,

The NYS Governor’s Office of Motion Picture & Television Development