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Additionally, there is a $180M annual cap on tax credits held with the state. These events can unfortunately delay the monetization of credits. [27] *MA - In Massachusetts, the field of production can sell tax credits to MA taxpayers. On the flip-side, you can restore tax credit with the State for cash. That rate is 90% of the tax credits ...
(The Center Square) − Several bills passed by Louisiana lawmakers will eliminate numerous tax rebates, exemptions, credits, and deductions, beginning in 2025. House Bill 2, which targets a broad ...
Louisiana will preserve its tax incentive for film and TV production, with a $25 million cut, under a budget deal reached by lawmakers. The state Senate voted 38-1 on Friday to lower the cap on ...
Senate committee backs away from abolishing film and historic preservation tax credit. House reduces list of new taxable services from 40 to 19.
The film industry in Louisiana has grown dramatically in recent years [1] [2] largely due to the state's 2002 tax incentives aimed at attracting film and television companies. [2] The success of Louisiana 's film industry caused the state to be nicknamed " Hollywood South " or " Hollywood on the Bayou ".
The state House of Representatives voted on Tuesday to sunset the $150 million program on June 30, 2025, as part of a tax reform package that … Louisiana Film Allies Scramble to Save Tax Credit ...
District A Shreveport City Councilwoman Tabatha Taylor says the tax credit is the key component to the city's growing film industry.
NEW ORLEANS — Governor Jeff Landry’s proposed changes to the state tax code includes ending film industry tax credits, years before they are set to expire.People in the industry say that the ...