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Louisiana Senate Committee Votes to Keep Film Tax Credit While Lowering Cap to $125 Million
The Louisiana Senate has proposed keeping the film incentive, though with a reduced cap, after the House voted to repeal it last week.
In response, hundreds of people jammed the hallways of the state Capitol in Baton Rouge on Sunday to protest the move, which would threaten thousands of film jobs. On Tuesday, the Senate Revenue and Fiscal Affairs Committee backed off, voting to keep the film credit in place while cutting the cap, starting next year. The Shreveport City Council passed a resolution two weeks ago urging the state Legislature to retain the credits for filming and for preservation of historic buildings.
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