40% (loan-outs 25%)

40% (loan-outs 25%)

25%

25%

$300K; $50K (certain local productions)

$20M (film); $25M per season (TV)

$3M per individual (loan-outs included)

25% of qualified expenditures. Qualified expenditures include costs made for tangible goods and services directly related to the state-certified production within the borders of Louisiana.

The maximum credit that can be earned by any production is 40% of the base investment.

• 5% on films with a production office and at least 60% of principal photography taking place outside of the New Orleans Metro area;
• 5% on certain VFX expenditures;
• 10% for films based upon a screenplay created by a Louisiana resident

$150M

June 30, 2025

Yes

Yes

5 Years

No

• Individual: Not Required
• Loan-out: 6%

For applications received on or after July 1, 2017, credits may not be transferred or sold to another taxpayer. Credits may only be applied directly against the taxpayer’s own income tax liability or transferred back to the state at a buy-back rate of 90% (requires a 2% transfer fee which results in an 88% net.)