August 2017
In addition to the attractive economics, producers were drawn to the diverse shooting locations, hospitality, rise in multi-million dollar soundstages, post-production houses and the skilled local workforce. However, the state started to see a decline in 2015 when legislation passed limiting the amount of tax credits redeemable by the Department of Revenue (DOR) without curtailing the amount of credits approved by the Film Office. This created uncertainty in the marketplace, ultimately reducing the credits’ desirability and leading to a dip in the state’s film business.
In 2017, legislation was enacted to help reduce the uncertainty. The DOR is now allowed to redeem up to $180 million in film tax credits each fiscal year (July 1 – June 30) while the film office may only approve $150 million in credits, thereby alleviating the backlog of credits over time.
Below are a few key points from the state’s current program which impacts all projects applying after July 1, 2017. Visit Cast & Crew’s TIP Guide and www.louisianaentertainment.gov for up-to-date information on production incentives in Louisiana.
Highlights of Louisiana's Incentive Program for Film:
Partial list of TV series recently produced in Louisiana:
Quarry, NCIS New Orleans (Season 4), Queen Sugar (Season 2)
Partial list of feature films / TV movies recently produced in Louisiana:
The Domestics, Jack Reacher: Never Go Back, The Magnificent Seven, Bad Moms, The Passion (TV Movie)