Film industry pushing its own study of La. tax break program

Posted on: April 7 2015 | Posted in: Latest News

By: The Associated Press

BATON ROUGE — Fighting to keep its lucrative tax break program from being gutted, the film industry Monday circulated an economic analysis of the program’s impact in Louisiana that was rosier than a state-financed study.

The Motion Picture Association of America and the Louisiana Film Entertainment Association released a report attributing 33,520 direct and indirect jobs, $1.2 billion in household income and $4 billion in economic activity in 2013 from the state’s film tax credits.

The figures are a sizable increase over an analysis done for the state Department of Economic Development.

For the same year, the state-financed study estimated the film industry brought in $1.2 billion in sales and $811 million in household earnings, supporting as many as 13,175 direct and indirect jobs — though it suggested those figures could be inflated by including the multimillion-dollar payments made to well-known actors, directors and others.

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