Archive for category Louisiana

Part of the film tax credits package approved by Legislature

Facing a deadline 90 minutes away and with dozens of bills to go, the Louisiana Legislature approved Thursday in quick succession bills that would change the workings of the lucrative tax credit for the film industry. The votes gave final legislative passage to the measures which now go to the governor’s desk. The film industry’s […]

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FIlm Grant Seeks Applications From Production Teams

By BOB LENOX Create Louisiana, an ongoing effort to support and develop creative industries of the state and showcase their contributions, has announced the 2016 Create Louisiana Filmmakers Grant. In partnership with the Louisiana Endowment For The Humanities, the New Orleans Film Society, and Create Louisiana, production teams may apply for the $50,000 grant towards creating […]

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Louisiana film tax credits facing significant limitations

By Julia O’Donoghue, NOLA.com | The Times-Picayune Louisiana’s film tax credit program is likely to face some new restrictions when the Legislature adjourns June 11, but it’s still not clear just how significant those limitations will be. The Louisiana Senate and House have passed different “caps” on the state’s film tax credits for the budget cycle […]

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Film tax credit limited by Louisiana Senate; Bill returns to House

BY TYLER BRIDGES Measure would impose $180M cap The tax subsidy that the state gives to film and television producers — one of the most generous in the country — would be limited under legislation approved by the Louisiana Senate Saturday. The measure, House Bill 829, would impose a $180 million cap on a program whose […]

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State agencies fail reporting on tax incentives

By: The Associated Press State agencies that administer tax incentive programs are failing to adequately report the return on investment for those programs, according to the legislative auditor’s office. The Advocate reports that state law requires agencies to annually report to the Legislature the return on investment for their tax incentive programs and whether the incentives met […]

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Film industry coalition unveils $50,000 grant program to nurture Louisiana filmmakers

By Mike Scott, NOLA.com | The Times-Picayune   Ever since Louisiana lawmakers adopted the state’s first filmmaking tax incentives in 2002, local crews — from grips and gaffers to set builders and makeups artists — have served as the backbone of the local film industry. Now, the industry is giving back. As part of the recently […]

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Study ranks Louisiana sixth in film production

By Alyssa Schneider BATON ROUGE, LA (WAFB) – A movie industry study headquartered in California says Louisiana is no longer No. 1 in the world for film production. In fact, the Film L.A. Inc study says Louisiana is in 6th place behind No. 1 California, New York, the U.K., Canada, Georgia, Puerto Rico and others. […]

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Are the film tax breaks really helping Louisiana?

Frank talk in Baton Rouge about Louisiana’s film tax credits has been worthwhile for taxpayers, who’ve helped subsidize some big-time movies without proof of profit to our state. A host of bills have been introduced and discussed in the Legislature regarding Louisiana’s generous contributions to Hollywood filmmakers. Supporters of robust tax credits flooded the Capitol […]

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Watchdog group urges bold action to curb film tax credits with Louisiana’s film incentive program

Watchdog says industry ‘renting,’ not buying La. GORDON RUSSELL| Louisiana’s controversial film incentive program needs bold changes, not the timid fixes suggested by some state lawmakers, a new report from the watchdog Public Affairs Research Council argues. PAR’s policy brief, released Friday, says the state should consider scrapping the program entirely, given that studies have found it […]

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Film tax credit bills imposing stricter controls on film, television production clears Louisiana Senate

The state Senate Tuesday continued to impose stricter controls on rules that allow film and television producers to receive generous subsidies from taxpayers. Senate Bill 102 would not permit tax credits for more than 50 percent of the so-called above the line expenses that go to directors, actors and other high-salaried employees. Senate Bill 106 […]

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