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The Telegram
  • Tax credit proposed for touring Broadway shows

  • A proposed tax credit announced Wednesday could induce more Broadway shows to start their tours in upstate New York.
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  • A proposed tax credit announced Wednesday could induce more Broadway shows to start their tours in upstate New York.
    The Empire State Live Production Tax Credit  and "Keep Broadway in New York initiative would offer a 30 percent tax credit on "qualified production costs" for theatrical productions that begin their on-stage activities upstate.
    Utica's Stanley Theater already has hosted six of these "tech" shows, including last month's production of "Joseph and the Amazing Technicolor Dreamcoat."
    John Fehlner, executive director of the Broadway Theatre League of Utica, said the proposed tax credit could "greatly benefit" the city.
    "Hosting these tech productions creates a significant economic development boost for Utica and I thank (state Sen. Betty Little) and Assemblyman (Angelo) Santabarbara for their insight and for introducing this legislation," he said in a news release.
    The proposal was announced in Albany on Wednesday by a group that included Little, R-Glens Falls; Satabarbara, D-Schenectady; and representatives from The Broadway League and Touring Broadway.
    "People often underestimate the positive economic impact that these shows have on communities such as Schenectady—when they come to town, more money is being spent on local labor; transportation; housing; food and drink; and marketing," Santabarbara said in the release. "It is critical that we provide incentives so that we don't lose these productions to other states."
    Touring Broadway shows generated a $30 million economic boost in Schenectady alone last year, the release stated.
     
     
     
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