New York Extends and Expands Broadway Tax Credit Through 2027 Amid Federal Arts Cuts
Amid federal reductions in arts funding, New York State is reinforcing its commitment to the creative economy. On Friday, Governor Kathy Hochul signed the fiscal year 2026 state budget, which includes a significant boost for Broadway: the extension and expansion of the New York City Musical and Theatrical Production Tax Credit. Originally set to expire this year, the program will now continue through 2027, with its f…
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