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April 26, 2022

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TRENTON, NJ (April 26, 2022) – The New Jersey Economic Development Authority (NJEDA) has released for public comment a draft rule proposal for the Garden State Film and Digital Media Jobs Program.

The program, which was first established in 2018, was expanded under the New Jersey Economic Recovery Act of 2020 (ERA), signed by Governor Phil Murphy in January 2021. The Garden State Film and Digital Media Jobs Act, PL 2018, c. 56, (NJSA 54:10A-5.39b and NJS 54A:4-12b) provides a transferable credit against corporation tax and gross income tax for qualifying expenses incurred in the production of certain motion picture content and digital in New Jersey. The goal of the program is to encourage production companies to film and create digital media content in New Jersey.

“Like other programs established by ERA, the Film and Digital Media Tax Credit program is designed to encourage equitable and inclusive development,” said NJEDA CEO Tim Sullivan. “The proposed rules establish criteria for the program that will ensure it is administered in a manner that creates the economic impact intended by Governor Murphy and the Legislature.”

Proposed rule changes include increasing the benefit for productions that submit a diverse hiring plan from 2% to 4% for hiring local minority on-screen talent, which will help ensure that Opportunities are available to qualified people from all walks of life. Additionally, the changes include the availability of new Studio Partner and Film-lease Partner designations that provide additional benefits to production companies that commit to establishing large production facilities in New Jersey.

Members of the public will also be able to submit their comments on Garden State’s Film and Digital Media Jobs Program through NJEDA’s ERA website. (https://www.njeda.com/economicrecoveryact/) between the following dates:

  • OPEN PUBLIC FEEDBACK: April 25, 2022
  • CLOSING OF PUBLIC FEEDBACK: May 6, 2022

We welcome constructive feedback on how to ensure that new programs created and modified by ERA are structured and administered to create opportunities for all residents and communities. Members of the public can do so by emailing FilmTaxCredit@njeda.com or through the online portal on the NJEDA website.

All comments received through this process will be assessed and taken into account when preparing the final version of the rule amendments proposed by the Authority for approval by the Board. Following potential Board approval, there will be a 60-day period for formal public comment.

For more information and to provide written feedback on the design and implementation of ERA programs, visit https://www.njeda.com/economicrecoveryact/.

About NJEDA

The New Jersey Economic Development Authority (NJEDA) is the state’s primary agency responsible for stimulating economic growth. NJEDA is committed to making New Jersey a national model for inclusive and sustainable economic development by focusing on key strategies to help build strong and vibrant communities, create good jobs for New Jersey residents, and pave the way for a stronger and fairer economy. Through partnerships with a wide range of stakeholders, NJEDA creates and implements initiatives to improve the economic vitality and quality of life in the state and strengthen New Jersey’s long-term economic competitiveness.

To learn more about state resources available to New Jersey entrepreneurs and start-ups, visit https://www.njeda.com and follow @NewJerseyEDA on Facebook, Twitter, instagramand LinkedIn.

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