A favorite target of Louisiana budget hawks is undergoing significant changes.
Three bills this year have overhauled Louisiana’s Motion Picture Investor Tax Credit program, which offers incentives to draw entertainment productions to the state.
The changes include capping the amount of tax credits the state issues, as well as extra incentives to encourage entertainment companies to locate in Louisiana long term and to create more of a homegrown industry.
“We’re still going to be very competitive,” said Sherri McConnell, special assistant to LED Secretary Don Pierson. “But we’re being smarter about how we spend those dollars.”
See more at Town Talk.
Georgia Insider is now open.
Georgia Insider is a private community for the executives, founders, creators and leaders shaping Georgia’s creative and innovation economy. Subscribers receive Insiders PLUS, access to community conversations, event opportunities and original content, with deeper access available through Executive Membership.
Start your journey today.
Staying Connected with Georgia Entertainment.
Follow us on LinkedIn or Instagram. Subscribe to our newsletter.
Are you available to speak on panels, share at our events or contribute thought leadership via commentary or perspective? Contact us with your thoughts and ideas.
Indie Spotlight Signup
Sign up for our monthly newsletter highlighting independent creators based in Georgia.
