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Terrebonne, Lafourche home owners may get break on property taxes, Ida
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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 green cards in support of a bill while he has led the committee. Supporters, many of whom wore stickers that said “film=jobs,” cheered when members approved the bill.
Film, TV subsidy extension keeps advancing in Louisiana David Jacobs, The Center Square © Provided by Washington Examiner
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 green cards in support of a bill while he has led the committee. Supporters, many of whom wore stickers that said “film=jobs,” cheered when members approved the bill.
Film, TV subsidy extension keeps advancing in Louisiana
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