Baton Rouge Film, TV, Theater & Music Industry Mee Message Board › SUPPORT SB696 by Rep.
Baton Rouge, LA
ACTION ALERT: Contact your Senator
HB 696 by Rep. Montoucet which provides for changes to the film tax program was amended in the House of Representatives. The amendments by Rep. Leger improved the legislation and made it more film friendly. The legislation now moves to the Senate, where it will soon be scheduled for the Senate Revenue and Fiscal Committee for consideration.We need you to begin contacting State Senators and urging them to support the film industry in Louisiana. Ask them to ensure that any measures that come before the legislature should not harm Louisiana’s competitive position with other states.At this point, HB 696 would provide some cost savings to the state. Urge legislators to help ensure that the legislation strengthens Louisiana’s Film Program.Please continue to communicate the positive message to the Louisiana Legislature that they have shown great leadership in their support for the film program and in growing the industry. Reinforce that it is important Louisiana remain stable and competitive in the film industry.The key provisions of this bill are:1. Changes the rate of below the line credit for non-resident employees from 30% - 20%.2. Ensures that any W-2 employees have Louisiana taxes withheld from their earnings.3. Adjusts the tax credit to be allowed against income, corporation franchise, severance and sales and use tax.4. Supports the growth of Louisiana based film makers and crew.
Please use the below link to identify and contact your Senator