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Louisiana’s film industry is rallying behind a proposed federal production incentive
The proposal would offer a 20% base credit with bonuses that could lift the rebate to 30% for eligible productions.
On Thursday, a bipartisan group of lawmakers introduced the Motion Picture, Television and Entertainment Revitalization Act, proposing a 20% federal tax credit on labor costs to lure film production back to the United States.
Runaway production and industry contraction have slashed job opportunities by more than 100,000 since 2022, as at least 65 nations currently offer competitive incentives to attract film projects.
Eligible projects must spend at least $1 million and complete 75% of production in the United States, with the 20% base credit increasing to 30% through bonuses for independent or disaster-impacted productions.
President Donald Trump signaled support for the incentive after meeting with Ambassador Jon Voight, securing backing from Republicans and Democrats who view the measure as critical to restoring domestic industry strength.
Legislators expect to advance the bill during Congress' upcoming "lame duck" session, with supporters arguing it will support ancillary businesses like catering companies and hardware stores reliant on domestic film production.