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La. House declines extension of film, TV subsidy program - Vimarsana News

La. House declines extension of film, TV subsidy program

La. House declines extension of film, TV subsidy program The Louisiana House has declined to extend by three years the sunset for the state’s $180 million annual film and TV subsidy program. Senate Bill 173 by Slidell Republican Sen. Sharon Hewitt calls for extending the sunset from 2025 to 2028. The extension would give film producers a longer planning runway. The state can issue up to $150 million in credits per year and pay out up to $180 million each year to support the film and TV industry. Projects qualify for the program through verified in-state spending and hiring. The state will ...

La. House refuses to extend film, TV subsidy program - Vimarsana News

La. House refuses to extend film, TV subsidy program

(The Center Square) – The Louisiana House has declined to extend by three years the sunset for the state’s $180 million annual film and TV subsidy program.

Source: ktbs.com
Does Louisiana's film industry need extension of state tax credit? - Vimarsana News

Does Louisiana's film industry need extension of state tax credit?

View Comments A bill designed to keep creating movie magic in Louisiana cleared another hurdle during its first state House hearing Monday, moving the measure one step closer to passage. Senate Bill 173 by Republican Slidell Sen. Sharon Hewitt, which would extend Louisiana's annual $180 million film tax credit program for three years through 2028, advanced from the House Ways and Means Committee. "This is an industry that requires a longer runway," said Hewitt, who has two movie and TV production studios in her southeastern Louisiana district. "It can take three or four years to begin prod...

Film, TV subsidy extension advances - Vimarsana News

Film, TV subsidy extension advances

Film, TV subsidy extension advances A Louisiana House committee approved a three-year extension Monday of the state’s $180 million annual film subsidy. The program is scheduled to end in 2025. Senate Bill 173 by Sen. Sharon Hewitt, a Slidell Republican, would extend the sunset into the middle of 2028. The state can issue up to $150 million in credits per year and pay out up to $180 million each year to support the film and TV industry. Projects qualify for the program through verified in-state spending and hiring. Ways and Means Committee Chair Stuart Bishop said he had never seen so many...

Senate committee approves 180 million dollar film tax credit has been extended for three years - Vimarsana News

Senate committee approves 180 million dollar film tax credit has been extended for three years

Legislation that extends the state's 180-million dollar film tax credit program for another three years throug...