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Subsidy Sheet: The sexiest man alive gets $2.5 million in NYS tax breaks - Reinvent Albany

Summary by reinventalbany.org
Two weeks ago, the New York State budget added another $100 million to the Broadway tax credit, which will pay out $400 million in tax dollars to investors by 2028. Broadway Journal details how what began as a COVID-era rescue of an industry shut-down by health restrictions has morphed into a money train for big-budget, corporate productions.The credit was heavily criticized for giving $3 million to Disney’s billion dollar smash hit The Lion Kin…
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reinventalbany.org broke the news in on Friday, May 23, 2025.
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