Gov. Bobby Jindal Approves to Cap State Film Tax Credit Program
Wednesday, June 24, 2015
Last Friday, June 19, Louisiana Governor Bobby Jindal signed off on capping the state's film tax credit program at $180 million. In the bill, a provision stipulates that film productions will not be able cash in on awarded film credit until the middle of 2016. The law will also place a limit of issuing no more than $30 million per film, which could impact large productions selecting Louisiana to film.