N.J. Admin. Code § 19:31T-1.5

Current through Register Vol. 56, No. 12, June 17, 2024

Section 19:31T-1.5 - Fees

(a) A non-refundable fee shall accompany every application, as follows:

1. For applications with total qualified film production expenses or digital media production expenses of $ 1,000,000 or less, the fee to be charged at application shall be $ 100.00;

2. For applications with total qualified film production expenses or digital media production expenses of $ 1,000,000, but less than $ 6,000,000, the fee to be charged at application shall be $ 250.00;

3. For applications with total qualified film production expenses or digital media production expenses of $ 6,000,000, but less than $ 15,000,000, the fee to be charged at application shall be $ 2,000;

4. For applications with total qualified film production expenses or digital media production expenses of $ 15,000,000, but less than $ 30,000,000, the fee to be charged at application shall be $ 5,000;

5. For applications with total qualified film production expenses or digital media production expenses of $ 30,000,000 or more, the fee to be charged at application shall be $ 10,000;

6. For applications to be designated as a studio partner, the fee to be charged at application shall be $ 10,000; and

7. For applications to be designated as a film-lease partner facility, the fee to be charged at application shall be $ 5,000.

(b) A non-refundable fee shall be paid prior to the approval of the application by the Authority as follows, except that the fee shall be refunded if the Authority does not approve the credit:

1. For applications with total qualified film production expenses or digital media production expenses of less than $ 1,000,000, the fee to be charged prior to approval shall be $ 100.00;

2. For applications with total qualified film production expenses or digital media production expenses of $ 1,000,000, but less than $ 6,000,000, the fee to be charged prior to approval shall be $ 500.00;

3. For applications with total qualified film production expenses or digital media production expenses of $ 6,000,000, but less than $ 15,000,000, the fee to be charged prior to approval shall be $ 5,000;

4. For applications with total qualified film production expenses or digital media production expenses of $ 15,000,000, but less than $ 30,000,000, the fee to be charged prior to approval shall be $ 12,000;

5. For applications with total qualified film production expenses or digital media production expenses of $ 30,000,000 or more, the fee to be charged prior to approval shall be $ 25,000;

6. For applications to be designated as a studio partner, the fee to be charged prior to approval shall be $ 50,000; and

7. For applications to be designated as a film-lease partner facility, the fee to be charged prior to approval shall be $ 50,000.

(c) A non-refundable fee shall be paid to the Authority prior to the receipt of the tax credit as follows:

1. For approved applicants with total qualified film production expenses or digital media production expenses of less than $ 1,000,000, the fee to be charged shall be $ 100.00;

2. For approved applicants with total qualified film production expenses or digital media production expenses of $ 1,000,000, but less than $ 6,000,000, the fee to be charged shall be $ 500.00;

3. For approved applicants with total qualified film production expenses or digital media production expenses of $ 6,000,000, but less than $ 15,000,000, the fee to be charged shall be $ 5,000;

4. For approved applicants with total qualified film production expenses or digital media production expenses of $ 15,000,000, but less than $ 30,000,000, the fee to be charged shall be $ 12,000; and

5. For approved applicants with total qualified film production expenses or digital media production expenses of $ 30,000,000 or more, the fee to be charged shall be $ 25,000.

(d) A non-refundable fee shall be paid to the Authority upon application for a tax credit transfer certificate pursuant to N.J.A.C. 19:31T-1.10 as follows:

1. For approved applicants with total qualified film production expenses or digital media production expenses of less than $ 1,000,000, the fee to be charged shall be $ 1,000; and

2. For approved applicants with total qualified film production expenses or digital media production expenses of $ 1,000,000 or greater, the fee to be charged shall be $ 5,000.

(e) A studio partner or a film-lease production facility shall pay to the Authority a non-refundable fee of $ 5,000 for the first six-month extension and $ 7,500 for each subsequent extension to the date the temporary certification of occupancy for the production facility is due pursuant to N.J.A.C. 19:31T-1.8(e)3.

(f) A studio partner or a film-lease production facility shall pay to the Authority a non-refundable fee of $ 5,000 for each request for any minor administrative changes, additions, or modifications and $ 10,000 for each request for any major administrative changes, additions, or modifications, such as those requiring extensive staff time and Board approval, to the designation as a studio partner or a film-lease production facility.

(g) The full amount of direct costs of due diligence, including, but not limited to, debarment/disqualification reviews or other analyses by a third-party retained by the Authority, if the Authority deems such retention to be necessary, shall be paid by the applicant.

N.J. Admin. Code § 19:31T-1.5

Amended by R.2020 d.007, effective 1/6/2020.
See: 51 N.J.R. 1256(a), 52 N.J.R. 58(b).
Added (d).
Special amendment, R.2024 d.022, effective 2/26/2024 (to expire 2/22/2025).
See: 56 N.J.R. 491(a),.
Rewrote the section.

Recodified from 19:31-21.5 56 N.J.R. 807(a), effective 5/6/2024