A 6607 New York Assembly · 2025 Regular Session

Relates to the New York city musical and theatrical production tax credit

Summary

Extends provisions relating to establishing the New York city musical and theatrical production tax credit and establishing the New York state council on the arts cultural program fund; relates to the New York city musical and theatrical production tax credit.

Issues: ✓ Budget & Taxes

Bill status in committee 1 of 4 stages cleared

Introduction

Mar 2025

Committee Review

Floor Vote

Governor

Introduced Mar 6, 2025 Last action Apr 9, 2026

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What changed between versions

A6607 → A6607A · 4 edits

MODERATE

This bill amends a tax credit program for New York City musical and theatrical productions, primarily updating the legal citations to reflect a new 2025 law and adjusting the program's expiration dates. The most significant substantive change is an increase in the total funding cap for the tax credits from $3 billion to $4 billion, allowing more productions to receive financial support.

Scope change

The bill's scope of funding increased, expanding the total pool of available tax credits by $1 billion.

FISCAL

The aggregate maximum amount of tax credits allowed under the program was increased from three billion dollars to four billion dollars.

TIMELINE

The expiration date for the tax credit program was extended from January 1, 2026, to January 1, 2028.

The deadline for certain obligations under the program was extended from December 31, 2027, to December 31, 2029.

TECHNICAL

References to previous legislation were updated to cite a new 2025 law (Part L of Chapter 59) instead of the 2023 law.

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Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Apr 9, 2026

Lower · Passed

PRINT NUMBER 6607A

lower

Apr 9, 2026

Lower · Passed

AMEND AND RECOMMIT TO WAYS AND MEANS

lower

Jan 7, 2026

Committee

REFERRED TO WAYS AND MEANS

lower

Mar 6, 2025

Committee

REFERRED TO WAYS AND MEANS

lower

1 primary · 0 co-sponsors