Louisiana film incentive program
BASE INVESTMENT CREDIT
- 25% credit on the base investment
INCREASES THE BASE CREDIT
- 15% on Louisiana resident payroll
- 5% additional credit to base operations outside the New Orleans metro area
- 5% expenditures made to Louisiana-based VFX companies
- 10% on Louisiana resident screenplay credit
5-YEAR INITIAL CERTIFICATION LETTER
- 60 month pre-certification on all scripted episodic content
- Minimum spend is $10M annually
BUY BACK
- 90% return on the value of the credit to the state
- 2% transfer fee for education & workforce development initiatives
- Net buy back is 88%
CAP
- No per-project or per-person caps
- $125M annual production cap (front end cap)
- $125M annual redemption cap (back-end cap)
REPEAT BUSINESS
- Louisiana can now negotiate better deals for long-term and repeat projects
BASE INVESTMENT CAP
- The maximum credit for base investment can not exceed 40%, i.e. $1M investment can not exceed $400K in credits
Louisiana’s Film Incentive Program is currently extended through 2031.