The state will just reduce the annual cap by $25 million to $125 million.
Similar Stories to Louisiana Reduces Film Tax Credits Instead Of Killing Them: ‘a No-brainer’ on Bing News
Brian Welk, IndieWire
Fri, 11/22/2024 - 3:15pm
Sections: movies
BING NEWS:
- Louisiana Reduces Film Tax Credits Instead of Killing Them: ‘A No-Brainer’
In a sigh of relief to local film communities, Louisiana will not eliminate its tax credit for filming after the state’s Congress voted to lower the current cap instead of eliminate it.
11/22/2024 - 10:17 am | View Link - 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.
11/20/2024 - 10:36 am | View Link - Louisiana lawmakers revive essential tax credits for film production and historic preservation
The special session to rewrite Louisiana’s tax code continued today at the state capitol, where proposed changes could affect everyday services such as car washes.
11/20/2024 - 6:05 am | View Link - Film industry tax credits protected in amended Louisiana tax reform bill
NEW ORLEANS (WVUE) - A House-passed bill that cuts Louisiana’s income tax rate sailed out of a Senate committee on Tuesday (Nov. 19), with an amendment that keeps tax credits for the film industry.
11/19/2024 - 11:00 am | View Link - Louisiana Senate Restores, but Reduces, State Tax Credit Program
The Louisiana State Senate has voted to restore the state's film and TV tax credit program after the State Assembly voted to sunset it last week, albeit with a lower cap.
11/19/2024 - 9:33 am | View Link - More
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