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Louisiana

As previously mentioned in our May edition of The Newsletter, Louisiana’s Legislature began a ten-day special session on Tuesday, May 22, after the Governor vetoed the state budget. The special session ended on June 4, without having passed a balanced budget.

However, two bills introduced last month (HB 7 and HB 8), which would have impacted the state’s motion picture production tax credit, have failed.

A final special session is likely to be scheduled for later this month, but no further bills are expected that would alter the motion picture production tax credit.


DISCLAIMER: These materials have been prepared by Entertainment Partners for informational purposes only and should not be construed as tax advice or relied on for specific projects. Though every effort has been made to remain current, laws and incentives change and therefore this information may have been revised. Please contact your legal or tax advisors to confirm any laws or the effect of incentives on your project. For updates and more information, please visit our website at www.epfinancialsolutions.com.

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