Louisiana Senate Committee Votes to Keep Film Tax Credit While Lowering Cap to $125 Million
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variety.comGene Maddaus Senior Media Writer A committee of the Louisiana Senate voted on Tuesday to retain the state’s tax incentive for film production, while reducing the cap on the program from $150 million to $125 million.
Last week, the state House of Representatives voted to terminate the incentive effective June 30, 2025, as part of a sweeping tax reform package.
In response, hundreds of people jammed the hallways of the state Capitol in Baton Rouge on Sunday to protest the move, which would threaten thousands of film jobs.
On Tuesday, the Senate Revenue and Fiscal Affairs Committee backed off, voting to keep the film credit in place while cutting the cap, starting next year.
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