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Louisiana Won't Eliminate Its Filming Tax Credit After All

IndieWire
Story by Brian Welk
from IndieWire
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Louisiana spares its lucrative film tax credit, trimming the annual cap instead of eliminating it altogether.
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  • The state will reduce the annual tax credit cap by $25 million, down to $125 million, instead of scrapping the program entirely.
  • Insiders say the move is a win for Hollywood studios that have flocked to Louisiana in recent years, drawn by one of the nation's most generous film incentive packages.
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