Louisiana Film Tax Credit Program Deserves Legislative Support
Fortunately most Louisiana lawmakers, including Governor Bobby Jindal, see the tax credits as an important part of the state’s economy and are pushing to extend the program. Jindal has said that he will support extending the current 25 percent level of movie tax credits for 2 more years and 5 years on infrastructure credits. Jindal also supports eliminating the 2009 deadline for The Digital Media Production Tax Credit, a program for the development of video games, animation and special effects.
And since lawmakers seem to agree on continuation the debate shifts to the question of what the future should look like for the tax credit program? Among the factors being discussed during the debate over the future shape of Louisiana’s film incentive program are:
* Incentive structure
The Louisiana Motion Picture Act created