Written by new-contact on Jul 29, 2011. Posted in Incentive News

Louisiana to keep state filming incentive

Authorities in Louisiana have voted to keep the state’s filming incentive for another two to three years. The basic 30% transferable tax credit has been instrumental in turning the state into a production hub that dominates the industry not just in the South but throughout the continental US, helping attract major projects.

Patrick Mulhearn, President of the Louisiana Industry for Film and Entertainment, said: “States that lack Louisiana’s track record, infrastructure, determination and holistic approach to growing a state-wide entertainment industry have already begun to cut or curtail their incentive programmes.”

States that lack Louisiana’s track record, infrastructure, determination and holistic approach to growing a state-wide entertainment industry have already begun to cut or curtail their incentive programmes.

Patrick Mulhearn, Louisiana Industry for Film and Entertainment

Louisiana has hosted productions ranging from Green Lantern and The Expendables through to Battle: Los Angeles and the upcoming Battleship. Only New York and Los Angeles host more productions in a given year.

Many states have rolled back or cancelled their filming incentive schemes over the last few months. Tackling state deficits is a major political issue at the moment and many conservative Governors voted into office in last year’s mid-term elections have targeted incentive schemes to reduce public spending.