The Louisiana State Senate has voted to restore the state’s film and TV tax credit program after the State Assembly voted to sunset it last week, albeit with a lower cap.
On Sunday, hundreds of film workers filled the halls of the State Capitol in Baton Rouge urging legislators not to phase out the program. On Tuesday, the Senate Revenue and Fiscal Affairs Committee voted to amend the tax package approved by the House of Representatives to restore the incentives.
But changes were also put in place by the committee, including lowering the program’s cap from $150 million to $125 million.