HB 829: Local Filmmmaking Tax Credits
Big news for local, indie filmmaking in Louisiana!
The Film Tax Credit, which has made Louisiana "Hollywood South" over the past 10 years, is being re-written to be more supportive of local filmmmakers!
HB 829, a bill which is close to passing in the State Senate, will boost the tax credit from 35% to 45% for local filmmakers, and it will lower the budget cap from $300K to $50K.
Sherri "Mac" McConnell, a champion of the bill, came by Indywood to explain.
Here's a quick teaser from our conversation. We'll be publishing the full interview next week, with a more in-depth blog on what HB 829 means for the local film community.