Sweetened New York Production Incentives a Go as State Budget Passes

As seen on Deadline:

The delayed New York State budget has been signed and sealed by Gov. Kathy Hochul with expanded incentives for film and television production. The news comes at the close of a frenetic week following Donald Trump’s bombshell proposal Sunday for tariffs on content produced outside the U.S.

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The state offers a base 30% incentive with regional step ups. Its $700 million annual allocation was raised by $100 million with the fresh funds earmarked specifically for indie projects, defined as a producer not 51% or more owned by a company that is publicly traded in the U.S. — i.e. Hollywood studios.