Petition Governor Paterson to Maintain New York Film and TV Production Tax Incentives

To Governor David A PatersonWe are writing to you today on behalf of the thousands of men and women employed in the film and television industry in New York State A recent article in the New York Post titled quotCut And Run Looms NY Out of Film Luresquot reported that the successful state program that provides tax credits to lure television and film productions to New York has run out of money The report goes on to say that quotA Paterson spokesman said yesterday that there is no additional funding for the tax credits included in his latest budget proposalquot This is alarmingWith an unemployment rate of over 7 now is not the time to cut programs that create jobs and foster new businesses in our state This program is proven to be highly successful and at a time when this industry needs all the help it can get you must rethink the true impact of not funding this valuable programAccording to a 2007 study by Ernst and Young the state and city combined have issued 690 million in tax credits and have collected 27 billion in taxes from movie and television productions This program pays for itself It helped create over 7000 jobs directly in 2007 and over 12000 jobs indirectly httpartsbeatblogsnytimescom20090127studysaysfilmsubsidiescreatejobsinnewyorkAs you are aware New York City has seen a surge in new television motion picture and commercial filming in recent years The Mayor39s Office of Film Theater and Broadcasting reports that in 2002 there were 14858 NYC location shooting days and in 2008 we reached over 27250 days There is a direct correlation between the growth of this industry and the tax credits provided from the state we need to keep the momentum going especially during tough economic timesNew York City and New York State have become quotHollywood of the Eastquot We are finally a player in the international film industry Please Governor Paterson fund the New York State Tax Credit program for television and motion pictures Real jobs depend on itSincerelyThe Undersigned

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Petition Governor Paterson to Maintain New York Film and TV Production Tax Incentives

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Petition Governor Paterson to Maintain New York Film and TV Production Tax Incentives

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