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LIFT Productions (an acronym for Louisiana Institute of Film Technology) was the first concerted private sector effort to combat "runaway production" of film and television from the United States. In the 1990s the U.S. market lost over 100,000 production-related jobs, [ 1 ] as motion picture and television programming increasingly became ...
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 ".
Louisiana: $37,320 $62,679 47 Alabama: $37,250 $59,152 47 South Carolina: $37,250 $60,698 49 West Virginia: $36,860 $58,638 50 Arkansas: $36,680 $56,800 51 Mississippi: $35,070 $51,608 52 Puerto Rico: $20,100 [5] No data — American Samoa: No data No data — Guam: No data No data — Northern Mariana Islands: No data No data —
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 ...
The head of Louisiana’s film office recently testified before a House committee about what the impacts of removing the credits would mean statewide. “We bring in $1 billion annually in sales ...
District A Shreveport City Councilwoman Tabatha Taylor says the tax credit is the key component to the city's growing film industry.
In the 1990s, U.S. states saw the opportunity to launch their own production incentives as an effort to capture some of the perceived economic benefits of film and TV production. Louisiana was the first state to do so in 2001, and in 2002 passed legislation to further increase the scope its incentives.
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 ...