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Panel divided on how to reform film tax credit program

4 years 1 week 8 hours ago Thursday, January 15 2015 Jan 15, 2015 January 15, 2015 9:32 AM January 15, 2015 in News
Source: Associated Press
By: APNewsNow

BATON ROUGE - State officials say Louisiana's generous film incentive program could and should be better designed to get the state a bigger return on its investment.

They say the most recent estimates costs taxpayers about $170 million a year.

On that point there was general agreement among five opinionated panelists Wednesday who convened to discuss the state's program, which has helped Louisiana become the nation's busiest locale for feature filmmaking.

But there was no consensus on how to change it, raising questions about what reforms, if any, will be proposed in the legislative session that begins in April.

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