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re: Louisiana film tax credits may not be enough as Texas announces two major film studios
Posted on 6/7/22 at 7:39 am to MrLSU
Posted on 6/7/22 at 7:39 am to MrLSU
If Louisiana wants a sustainable industry that won’t just go away without the credits (or even an adjustment), they may want to revisit the Related Party Transaction restrictions.
There are ways to keep jokers from screwing the system again without disincentivizing indigenous production companies.
There are ways to keep jokers from screwing the system again without disincentivizing indigenous production companies.
1
Posted on 6/7/22 at 7:48 am to MyRockstarComplex
Louisiana has been booming for years, especially after they cleaned up/restructured the incentive program. You can’t find crew or stage space in the state with over 25 + productions happening now. Even Celtic in BR has been fully booked for the last year plus. Louisiana has had the most stable film incentive program for the last 20 years (longer than GA and more consistent than NM). What that has led to is a large experienced workforce, stages and thriving support industries (catering, trucking). Some possible stage in Austin means nothing to Louisiana.
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