allows out of state film producers to earn tax credits on their qualified Louisiana based production and labor costs. These tax credits can be converted into cash and help make Louisiana based film productions more lucrative for producers and investors. The percentages and uses of tax credits are something the legislature will carefully consider to ensure the program remains competitive.
* Financial impact of the film industry
The film industry has become a major economic engine for Louisiana. The state film office reports that Louisiana has taken in more than billion in revenues and over 0 million in payroll alone generated by film and TV productions between 2002 and 2008.
* Development of key film support infrastructure
As more film productions continue to take place in Louisiana a strong infrastructure of film related