Louisiana Reduces Film Tax Credits Instead of Killing Them: ‘A No-Brainer’
Louisiana voted to save the filming tax credit in the state but will reduce it by $25 million to a cap of $125 million annually.
Louisiana film tax program will remain with lower credit cap
NEW ORLEANS, LA. ( KTAL/KMSS) – The Louisiana Legislature will retain the state’s film tax incentive program but with an adjusted credit amount.
Louisiana Senate Committee Votes to Keep Film Tax Credit While Lowering Cap to $125 Million
The Louisiana Senate has proposed keeping the film incentive, though with a reduced cap, after the House voted to repeal it last week.
At-Risk Louisiana Production Tax Credit Restored By State Senate Committee With Lower Cap
A Louisiana Senate committee today approved the state’s tax credit for film and television production with a lower cap.
Louisiana’s Film Tax Credit will be phased out in favor of ‘something different’
The film tax credit has helped attract big-budget companies like G Unit studios to Louisiana. Its owner, Curtis 50 Cent Jackson, has said the studio would create jobs and bring a significant economic boost to Shreveport.
Shreveport City Council praises Louisiana Legislature for supporting Film and History Rehabilitation Tax Credits
The Film Tax Credit and History Rehabilitation Tax were on the line, but Louisiana’s Legislature chose to save the two credits from being cut completely.
50 Cent champions Louisiana film industry as tax credits survive Senate vote
Cent celebrated a crucial win as the state's Senate Committee voted to preserve film and television tax incentives.
Film industry packs halls of Louisiana State Capitol in hopes to save tax credit
Hundreds of film industry workers filled the State Capitol’s Senate committee hall Sunday afternoon to signal their opposition to legislation that would dismantle the program that turned Louisiana into “Hollywood South.
Louisiana Film Incentive to Remain in State Budget, With $25 Million Cut
Louisiana has voted to preserve its tax incentive for film and TV production. But there's a catch. The state Senate voted 38-1 on Friday to lower the cap on the program from $150 million to $125 million.
Louisiana Production Tax Credit Safe As State Lawmakers Pass Sweeping Reform Bill
Louisiana lawmakers saved the state's tax credit as part of a sweeping set of tax reform bills that are headed the governor's ...
Louisiana Film Incentive Saved, With $25 Million Cut, in State Budget Deal
The Louisiana legislature has hammered out a budget deal that preserves the state's incentive for film and TV production, ...
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The First State to Ever Offer a Filming Tax Credit Is Voting to Eliminate It
Louisiana's House of Representatives approved a bill that would cut the state's $150 million tax credit for film and ...
Louisiana lawmakers pass income and corporate tax cuts, raising statewide sales tax to pay for it
Louisiana’s GOP-dominated legislature passed tax cuts on personal and corporate income on Friday in exchange for a statewide ...