Extends the period during which the empire state digital gaming tax credit may be claimed to 01/01/2032; amends the eligibility criteria for game.
This bill extends the period during which the empire state digital gaming tax credit may be claimed to 01/01/2032. It amends the eligibility criteria for game development companies by changing the yearly timeframe structure, lowering the dollar threshold per production, and removing the in-state cost incurred threshold to accurately fit current digital gaming industry models. It allows unused credits to be rolled over to the following tax year.
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