Tourism and business leaders testify in support of revamped film tax program
Posted on 5/22/2017 5:37:00 PM.

A bill to stabilize the state’s film tax credit program heads to the House floor, with support from the tourism industry and small businesses. Jo Banner with River Parishes Tourist Commission says local businesses see a 30% hike in their bottom line when productions film in the area.
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Jo Banner, Gabriel Markel, film tax credits, film industry

Film tax credit program could be cut in regular session
Posted on 3/22/2017 4:43:00 AM.

Louisiana’s film tax credit program could be on its last reel, as Alexandria Senator Jay Luneau plans to file legislation to eliminate the incentives. Luneau says in tough budget times, lawmakers need to assess the return on investment of state funded programs.

He says a recent study by LSU economist Loren Scott shows the return isn’t there when it comes to film tax credits.

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Jay Luneau, Patrick Mulhearn, film industry, film tax credits

State movie industry launches Fight for Film campaign
Posted on 3/9/2017 1:51:00 PM.
Michelle Southern reporting.
The Louisiana Film and Entertainment Association has launched a campaign aimed at urging the legislature to make changes to the state’s film tax credit program. Jim Hornbeak sits on the LFEA's Executive Board. He says when the cap was implemented a few years ago, it crippled the stability and predictability of the industry.
Louisiana Film and Entertainment Association, film tax credits, jim hornbeak

Film industry leaders optimistic about future of Hollywood South
Posted on 11/15/2016 10:08:00 AM.

There’s a light at the end of the tunnel for Hollywood South, according to Celtic Studios Executive Director Patrick Mulhearn. He says we’re halfway through the 36 month $180 million cap legislators placed on the film tax credit program and he’s hopeful lawmakers will approve changes next year that will be more beneficial for Louisiana’s film industry.
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Patrick Mulhearn, Celtic Studios, film tax credits

Business in Hollywood South is looking up
Posted on 7/29/2016 6:01:00 AM.

Louisiana’s film industry has taken a hit since lawmakers put a cap on the state’s film tax incentive program last year, but business agent for a New Orleans film workers union, Cory Parker, says things are looking up. He says some smaller productions are coming to the Bayou State again, likely seeking the qualified film professionals here.
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Cory Parker, Hollywood South, film tax credits

Hollywood South in bad shape; execs blame 2015 law capping film tax credits
Posted on 3/28/2016 12:37:00 PM.
Michelle Southern reporting.
Hollywood South has taken a major hit over the past year since the legislature passed a measure that puts a cap on Louisiana's film tax incentives. That's according to Celtic Media Centre Executive Director Patrick Mulhearn. He says what's scaring films away is the manner in which lawmakers capped the movie credits, which he compares to retail mail in rebate coupons.
film industry, louisiana, patrick mulhearn, celtic studios, hollywood south, film tax credits

House approves $200 million cap on film tax credits
Posted on 5/7/2015 5:39:00 PM.
Michelle Southern reporting.
The House approved a measure that would limit the amount of credits issued as part of the film tax program to $200 million dollars despite objections from lawmakers who thought the cap should be lower. 
film tax credits, joe lopinto, lance harris, jeff arnold

Survey shows more than 80% of Louisianians believe movies are good for the economy
Posted on 4/21/2015 4:14:00 AM.
According to an LSU Public Policy Polling survey done for the state's film industry, 80% of Louisianians agree it's good for the economy to have movies made here. The survey also found that about half of the public isn't aware that Louisiana is No. 1 in the nation for movie production.
patrick mulhearn, movies, film tax credits, public policy polling

Lawmakers look to revamp Louisiana's film tax credit program
Posted on 3/2/2015 3:34:00 AM.
Michelle Southern reporting.
As the Louisiana filmed blockbuster "Focus" opened over the weekend, a group of lawmakers is looking at ways we can improve the state's film tax credits. Some have argued that the movie credits here are corrupt and too generous.
film tax credits, louisiana, jp morrell, focus

Budget solutions include reducing the size of some tax credits
Posted on 2/11/2015 12:22:00 PM.
Discussions continue between the Jindal administration and legislative leaders on how to prevent a 400-million cut in state funding for higher education. Senate President John Alario says one option would be to limit the size of tax credits, especially when the credit is more than what the person or business pays in taxes.
Budget, Jindal administration, film tax credits, John Alario, higher ed cuts

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