DIGEST
The digest printed below was prepared by House Legislative Services. It constitutes no part of the
legislative instrument. The keyword, one-liner, abstract, and digest do not constitute part of the law
or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)]
HB 798 Engrossed 2015 Regular Session Ponti
Abstract: Beginning July 1, 2015, eliminates the additional 5% tax credit of certain La. payroll but
authorizes an additional 5% credit for all qualified expenditures, excluding non-resident
payroll when the production is based and 50% of film production days occur beyond a 40
mile radius of New Orleans City Hall.
Present law provides for an income tax credit for La. taxpayers for investment in state-certified
productions earned at the time expenditures are made by a motion picture production company in
a state-certified production.The amount of the credit shall be equal to 30% of the base investment
made by the investor if the total base investment is more than $300,000. Additionally provides for
a credit equal to 5% of base investment expended on payroll for La. residents employed in
connection with a state-certified production. However, this credit does not apply to the payroll of
any one person that exceeds $1 million.
Proposed law retains present law relative to the 30% credit of the base investment when the total is
greater than $300,000, but proposed law, beginning July 1, 2015, eliminates the additional 5% credit
of the base investment expended on payroll for La. residents employed in connection with a state-
certified production. Proposed law authorizes, an additional credit equal to 5% of base investment
expended on all qualified production expenditures, excluding non-resident payroll, for state-certified
productions that base its main production office beyond a 40 mile radius of New Orleans City Hall
and films more than 50% of its production days beyond a 40 mile radius of New Orleans City Hall.
Effective July 1, 2015.
(Amends 47:6007(C)(1)(c)(intro. para.) and (d); Adds R.S. 47:6007(C)(1)(e))
Summary of Amendments Adopted by House
The Committee Amendments Proposed by House Committee on Ways and Means to the original
bill:
1. Delete the provisions of proposed law prohibiting the additional 5% credit of the base
investment expended on payroll for La. residents employed in connection with a state-
certified production if the production bases its office within 40 miles of New Orleans
City Hall.
2. Add provisions that authorize, beginning July 1, 2015, an additional credit equal to 5% of base investment expended on all qualified production expenditures, excluding non-
resident payroll, for state-certified productions that base its main production office
beyond a 40 mile radius of New Orleans City Hall and films more than 50% of its
production days beyond a 40 mile radius of New Orleans City Hall.
3. Eliminate, beginning July 1, 2015, the additional 5% credit of the base investment
expended on payroll for La. residents employed in connection with a state-certified
production.