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Bills would boost state's entertainment tax credits

Source: shreveporttimes.com - May 17, 2017

BATON ROUGE – Tipping its hat to the entertainment industry, the House on Ways and Means Committee favorably moved four bills to the full House chamber on Monday that tweak movie tax credits for the film and music industries.

Out of the five-hour meeting came the movement of a three-year, $180 million front-end cap on the film tax credit, the creation of a Louisiana Entertainment Development Fund, additional tax credits for musical artists and a time change to when movie tax credits are earned.

The following four bills, listed in numerical order, were all unanimously favorably reported to the full chamber:

Category: General Business