Coun­ties await Cuomo ac­tion on film tax cred­its

Daily Freeman (Kingston, NY) - - LOCAL NEWS -

Of­fi­cials of the Hud­son Val­ley Film Com­mis­sion are keep­ing their fin­gers crossed that Gov. An­drew Cuomo will sign leg­is­la­tion giv­ing MidHud­son coun­ties the same 40 per­cent film tax credit that’s af­forded to coun­ties north and west of Al­bany.

Ul­ster, Dutchess, Or­ange, Sul­li­van and Greene coun­ties cur­rently may of­fer tax cred­its of 30 per­cent to film­mak­ers. The bill, if Cuomo signs it within 10 days, will add an­other 10 per­cent­age points of tax credit to off­set the costs of pro­duc­tion.

Hud­son Val­ley Film Com­mis­sion Direc­tor Lau­rent Re­jto said the five bor­oughs of New York City and Rock­land and Westch­ester coun­ties ben­e­fit by be­ing in the “film zone” within 30 miles of Man­hat­tan.

“I will give you a per­fect ex­am­ple,” he said. “There was a re­cent film star­ring two very big Hol­ly­wood ac­tors and the film is sup­posed to take place at Bard and Vas­sar [col­leges in Dutchess County]. They ended up shoot­ing the film at Sarah Lawrence [Col­lege in Westch­ester County] be­cause they were able to save that 8 to 12 per­cent.”

Re­jto cred­ited Ul­ster County Ex­ec­u­tive Michael Hein with “keep­ing his eye on this leg­is­la­tion and for be­ing the driv­ing force to get the film tax cred­its into law.” Re­jto said Hein has “not only rep­re­sented Ul­ster County, but the en­tire re­gion, in an ef­fort to in­crease jobs and eco­nomic de­vel­op­ment by fight­ing on our be­half.”

State Assem­bly­woman Aileen Gun­ther, D-Forest­burgh, spon­sored the bill in the Assem­bly, and state Sen. Ge­orge Ame­dore, RRot­ter­dam, car­ried the bill in the Se­nate.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.