2013 Regular Session Update
We are in the third week of the Louisiana regular legislative session. Legislation has been filed that could have a dramatic impact on the entertainment industry in Louisiana. Please continue to contact your legislators and explain to them why the industry is important to you.
We are currently tracking 26 bills on behalf of Louisiana Film and Entertainment Association. It is important that you take the time to review these bills that may have an impact on your profession. We will continue to communicate with LFEA members on a regular basis to ensure that you are aware of what is going on at the Capitol during the Legislative Session.
If you have any questions, please do not hesitate to contact LFEA. We are your representatives in this process and at the Capitol. Thank you in advance for you time and effort.
LFEA Legislative Tracking
Requires legislation relative to tax rebates, tax incentives, and tax abatements to be introduced or considered only during sessions convening in odd-numbered years
Reduces the amount of the income tax credit for state-certified productions and removes authority to transfer or sell motion picture investor tax credits
Provides relative to tax credits for state-certified musical or theatrical productions and state-certified infrastructure projects
, Jackson, K.
Requires state agencies which administer tax credits and rebates to report certain informationHB 358
Removes the Jan. 1, 2015, sunset date for issuance of sound recording investor tax credits and provides a threshold for Louisiana residentsT
Establishes a registry for tax credits and provides relative to the period of time to report claims or a transfer to the registry
Makes changes to the unified economic development budget report and requires report to be annual
Requires the termination of certain tax creditsHB 483
, Landry, N.
Extends authority to grant tax credits for certain state-certified musical or theatrical facility infrastructure projects
Requires state agencies which administer tax credits and rebates to annually report certain informationHB 501
Extends the sunset of the musical and theatrical production base investment income tax creditHB 571
Provides relative to rebates and rebate programs
Requires the termination of certain tax creditsHB 616
Provides relative severance tax exemptions
Changes the state sales and use tax rate and provides for the taxability of sale and servicesHB 656
Repeals deductions, exemptions, and credits for individual income taxHB 679
Authorizes the use of motion picture investor tax credits against severance taxHB 689
Provides with respect to individual income tax rates, exemptions, credits, and deductions
Authorizes the use of motion picture investor tax credits against corporation franchise and severance taxesHB 695
Provides relative to the motion picture investor tax credit programHB 696
Reduces the amount of certain tax credits beginning January 1, 2014, for income tax credits and January 1, 2015, for corporate franchise credits
Phases-in a reduction in the amount of certain income tax credits over six years
Provides for the taxability of the sale, use, consumption, distribution, or storage of tangible personal property and the sale of servicesHB 716
Decreases the state sales and use tax rate and repeals exclusions and exemptions from state sales and use tax
Requires a qualified cost report prior to issuance of a motion picture investor tax creditSB 219
Prohibits expenditures to refund tax credits, pay rebates, or repurchase or grant transferable tax credits granted through incentive contracts unless budgeted and appropriated
Track Your Own Bills
The website for the Louisiana Legislature has a new feature that allows you to sign up and track your own bills. Go to www.legis.la.gov and sign up for this new service.
Contact your Legislator
to log in, find your local legislator and send your message.
Our Industry needs your help!
Got an iPhone? Android? Blackberry? Then you can help us explain how the entertaiment industry has made a positive impact on your life.
Send us your videos. We’ll edit them together to create a message to the legislature. Lend your voice and help the entertainment industry continue to thrive in Louisiana.
- Create a video and tell us how much the industry means to you, how it’s positively impacted your life or how it’s impacted your community.
- Submit a .mov file or link for download (via DropBox or YouSendIt) to [address removed]
- Please, no YouTube/Vimeo submissions
- Submission deadline is May 1, 2013
It’s time for action! Help us show the positive impact the entertainment industry has on Louisiana's business and its people.
Your Government Relations Team