Signed by Governor Andrew Cuomo

Vote Smart's Synopsis:

Vote to pass a bill that establishes the television diversity tax credit.

Highlights:

• Defines “qualified television writers’ and directors’ fees and salaries” as salaries or fees paid to a writer or director who receives an on-air credit, and for a non-credited writer, up to $75,000 in salaries or fees per series of episodes, provided that in each case, such writer or director is a minority group member, or a woman, and provided, further, that salaries or fees paid to any writer or director who is a profit participant in the qualified film shall not be eligible (Sec. 1).

• Specifies that a qualified film production company, or a qualified independent film production company that employs qualified television writers and directors and is subject to tax under articles 9-A or 22 of this chapter, will be allowed a credit against such tax (Sec. 1).

Full Bill Text