NEW ORLEANS, LA. (KTAL/KMSS) – The Louisiana Legislature will retain the state's film tax incentive program but with an adjusted credit amount.  In a statement, Gamble PR announced that the incentives would continue; however, the reimbursement cap was decreased from $150 million to $125. Louisiana Film President Jason Waggenspack praised the outcome as a collaborative win for the state that emphasizes the industry's role in creating jobs, drivin…

WNTZ FOX 48

Louisiana film tax program will remain with lower credit cap

Louisiana will preserve its tax incentive for film and TV production, with a $25 million cut, under a budget deal reached by lawmakers. 
	The state Senate voted 38-1 on Friday to lower the cap on the program from $150 million to $125 million. The House of Representatives concurred on a vote of 90-9, sending the bill to Gov. Jeff Landry for his signature. 
	Landry called a special session to adopt a sweeping reform to the state’s tax structure, i…

Ad Fontes Media

All Sides

Media Bias/Fact Check

Variety

Penske Media Corporation

Los Angeles

Los Angeles County

California

United States

Louisiana Film Incentive Saved, With $25 Million Cut, in State Budget Deal

Louisiana lawmakers saved the state’s tax credit as part of a sweeping set of fiscal reform bills that are headed the governor’s desk coming out of a special legislative session. The increasingly popular credit had been abolished by the House along with a wide range of other incentives to make up lost revenue from Gov. […]

Deadline

Louisiana Production Tax Credit Safe As State Lawmakers Pass Sweeping Reform Bill

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.

IndieWire

Louisiana Reduces Film Tax Credits Instead of Killing Them: ‘A No-Brainer’

Louisiana lawmakers saved the state’s tax credit as part of a sweeping set of fiscal reform bills that are headed the governor’s desk coming out of a special legislative session.  
	The increasingly popular credit had been abolished by the House along with a wide range of other incentives to make up lost revenue from Gov. Jeff Landry’s push to slash corporate tax and personal income tax in the state. But the film and television incentive  was re…

DNyuz

Louisiana's film and television production credit has passed, after being on the chopping block -- although, with a reduced cap

The Wrap

Louisiana Film Incentive to Remain in State Budget, With $25 Million Cut

The change in the incentive amount will take effect on July 1, 2025.

KTAL NBC 6 News

Louisiana lawmakers saved the state’s tax credit as part of a sweeping set of fiscal reform bills that are headed the governor’s desk coming out of a special legislative session.   The increasingly popular credit had been abolished by the House along wit

Louisiana film tax program will remain with lower credit cap

Coverage Details

Bias Distribution

Ownership

Similar News Topics

Similar News Topics