New York Codes, Rules and Regulations
Title 5 - DEPARTMENT OF ECONOMIC DEVELOPMENT
Chapter XXIII - EMPIRE STATE POST PRODUCTION TAX CREDIT PROGRAM
Part 230 - EMPIRE STATE POST PRODUCTION TAX CREDIT PROGRAM
Section 230.6 - Criteria for evaluation of applications

(1) the application is complete;

(2) the application is not premature;

(3) the application has been submitted prior to the end of principal photography;

(4) the authorized applicant is a qualified film production company;

(5) the authorized applicant is planning to complete a qualified film;

(6) the authorized applicant's projected qualified post production costs, excluding costs for visual effects and animation, paid or incurred which are attributable to the use of tangible property or the performance of services at a qualified post production facility in the production of a qualified film is projected to equal or exceed 75 percent of the projected total post production costs, excluding costs for visual effects and animation, paid or incurred in the post production of a qualified film at any post production facility; or the authorized applicant's projected qualified post production costs for visual effects or animation at a qualified post production facility meet or exceed $3 million or twenty (20) percent of the total post production costs for visual effects or animation paid or incurred in the post production of a qualified film at any post production facility, whichever is less;

(7) the authorized applicant did not knowingly submit false or misleading information to the department;

(8) the authorized applicant certifies that it will purchase taxable tangible property and services, defined as qualified post production costs, only from companies registered to collect and remit New York State and local sales and use taxes;

(9) the authorized applicant intends to comply with the end credit requirements set forth in section 230.2(h) of this Part.

(1) the application is complete;

(2) a qualified film was produced and completed;

(3) the applicant's qualified post production costs, excluding costs for visual effects and animation, paid or incurred which are attributable to the use of tangible property or the performance of services at a qualified post production facility in the production of a qualified film equaled or exceeded 75 percent of the total post production costs, excluding costs for visual effects and animation, paid or incurred in the post production of a qualified film at any post production facility; or the authorized applicant's qualified post production costs for visual effects or animation at a qualified post production facility met or exceeded $3 million or 20 percent of the total post production costs for visual effects or animation paid or incurred in the post production of a qualified film at any post production facility, whichever was less;

(4) the applicant did not knowingly submit false or misleading information to the department;

(5) the applicant supplied documentation (e.g., still shot, frame grab, finished DVD or such other documentation such as the department may require) that the end credit requirements set forth in section 230.2(h) of this Part have been met.