Motion Picture Production Program

Motion Picture Production Program Tax Credit $50,000 minimum in-state expenditure requirement for Louisiana screenplay productions. $300,000 minimum in-state expenditure requirement on all other eligible productions. The maximum amount of credits that can be issued is $150 million per fiscal year. The maximum amount of credits that can be claimed is $180 million per fiscal year. Tax credits may be used to offset personal or corporate income tax liability in Louisiana. Tax credits may be transferred back to the State for 90% of face value (requires a 2% transfer fee which results in an 88% net). Apply Now 25% base credit on qualified in-state production expenditures 10% increase for Louisiana screenplay productions 5% increase if outside of the New Orleans Metro Statistical Area 25% base credit on qualified in-state production expenditures 10% increase for Louisiana screenplay productions 5% increase if outside of the New Orleans Metro Statistical Area Eligibility Requirements The program is open to all motion picture production companies headquartered and domiciled in Louisiana producing nationally or internationally distributed motion pictures with total Louisiana expenditures exceeding $300,000, or $50,000 for Louisiana screenplay productions. Base Investment Credit Rates (applicable to entire eligible spend): 25% base credit 10% increase for Louisiana screenplay productions (if production is based on a screenplay created by a Louisiana resident with expenditures greater than $50,000 but no greater than $5 million) 5% increase for out of NOLA zone filming (if production’s office base and at least 60% of principal photography occurs outside of the New Orleans Metropolitan Statistical Area) Qualifying productions include: Feature-length motion pictures Television pilots, series or movies of the week Animated feature films Animated short films Webisodes or any other digitally distributed motion picture Documentaries Commercials Eligible Production Expenditures Up to $3 million in qualifying payroll expenditures per person, whether paid directly or indirectly through a loan out corporation Producer fees for services performed in Louisiana Rentals/purchases of tangible goods from a source within the state and directly used on a state-certified production in Louisiana Camera rentals Soundstage rental Hotel Props rental Lumber and other building materials directly related to the state-certified production Lighting and grip Makeup Wardrobe Leasing of vehicles Visual FX packages for services performed in Louisiana Editing services performed in Louisiana Film processing performed in Louisiana by a Louisiana processing company Sound mixing Other post-production services performed in Louisiana Additional Credits (applicable to the particular spend only): 15% Louisiana resident payroll credit: Compensation for services paid directly to a Louisiana resident shall be eligible for a 15% payroll tax credit on the qualified Louisiana payroll only. Payments made to a loan-out company are not eligible for this credit. 5% visual effects (VFX) credit: If at least 50% of the production’s VFX budget is expended for services performed in Louisiana by an approved Qualified Entertainment Company (QEC) or a minimum of $1 million on qualified VFX expenditures are made in Louisiana, the production shall be eligible for an additional 5% credit on the qualified VFX spend only. **Total Credits cannot exceed 40% of the base investment Non-qualifying productions include: Televised news Sporting events Music Festivals Non-eligible Production Expenditures Qualifying payroll expenditures in excess of $3 million per person, whether paid directly or indirectly through a loan out corporation Salaries for services performed outside of Louisiana Rentals/purchases of tangible goods from a source outside of Louisiana