How much, if any, movies Curtis "50 Cent" Jackson will film in Shreveport is still an open question. In fact, there are many questions, but at least one may be answered In Baton Rouge--the future of the film tax credit.
A search of the Louisiana Legislature's website revealed two pre filed bills affecting the motion picture production tax credit (MPPTC). There may be other bills affecting the MPPTC that were not listed after a search on the website.
North Caddo Representative Danny McCormick (D) has filed House Bill 541. This bill eliminates the MPPTC. The bill provides that any applications for the current tax credit must be filed no later than June 30, 2025.
Bossier State Senator Adam Bass(R) has filed Senate Bill 232. This bill also eliminates the automatic MPPTC effective June 30, 2025. This bill empowers Louisiana Economic Development agency (LED) to establish rules and regulations for any future tax credits beginning on July 1, 2025.
LED will be authorized to consider discretionary factors in approving applications including but not limited to estimated economic impact, disbursement of funding statewide, availability of funding and the best interest of the state. Thus, each motion picture must be separately approved for any tax credits.
Both the Louisiana Senate and House are controlled by Republican legislators. Bass' bill is supported by Gov. Jeff Landry.
Thus, it is likely that it will be enacted, possibility with some modifications.
John came to Shreveport in January of 1977 when he was transferred to Barksdale AFB.
He’s been active in Shreveport politics since deciding to make Shreveport his home.
John practiced law for 40 years and he now monitors local politics. He regularly attends Shreveport City Council and Caddo Parish Commission meetings.
John is published weekly in The Inquisitor, bi-monthly in The Forum News, and frequently in the Shreveport Times.
He enjoys addressing civic groups on local government issues and elections.