Rep. Jeffries Urges New York Governor to Support Music Production Tax Credit to Help State Remain Competitive in the Music Industry
WASHINGTON – U.S. Representative Hakeem Jeffries has urged New York Governor Andrew Cuomo to include the Empire State Music Production Tax Credit in the state’s budget.
In a letter dated March 24, Rep. Jeffries notes that New York State has always been “the epicenter of great music.” However, in recent years the “music business has been lured away by attractive financial incentives offered by other states as well as countries such as Canada and many throughout Europe.”
That must change. Adoption of the Empire State Music Production Tax Credit would be a strong step in addressing the problem.