Extends the period for claiming the empire state digital gaming tax credit to 01/01/2032 and modifies eligibility criteria for game development.
This bill extends the period during which the empire state digital gaming tax credit may be claimed to January 1, 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 align with current digital gaming industry models. The bill also allows unused credits to be rolled over to the following tax year.
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