SLS 17RS-373 ENGROSSED
2017 Regular Session
SENATE BILL NO. 177
BY SENATOR MORRELL
TAX/TAXATION. Provides relative to the Motion Picture Tax Credit Program for the
withholding of income tax for performance of services on a state-certified production. (gov
sig)
1 AN ACT
2 To amend and reenact R.S. 47:164(D)(2)(b), to provide for employee compensation eligible
3 as a production expense for purposes of the tax credit; to provide for applicable rates
4 of withholding tax; to provide for an effective date; and to provide for related
5 matters.
6 Be it enacted by the Legislature of Louisiana:
7 Section 1. R.S. 47:164(D)(2)(b) is hereby amended and reenacted to read as follows:
8 ยง164. Information at source
9 * * *
10 D. Withholding of tax at source.
11 * * *
12 (2) * * *
13 (b) Any motion picture production company, motion picture payroll services
14 company, or other entity making or causing to be made payments as provided in
15 Subparagraph (D)(2)(a) of this Paragraph Section, to an individual, or to an agent or
16 agency, loan-out company, personal service company, employee leasing company,
17 or other entity is considered to be paying compensation taxable by the state of
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions. SB NO. 177
SLS 17RS-373 ENGROSSED
1 Louisiana. For purposes of eligibility as a production expenditure, the company or
2 other entity shall withhold taxes from those payments at the highest individual rate
3 of six percent, rate specified on an employee's withholding allowance certificate
4 or the highest individual rate in effect at the time and remit these payments to the
5 department quarterly, excluding any amount that would otherwise not be subject to
6 the withholding requirements imposed pursuant to state and federal law and
7 regulations.
8 * * *
9 Section 2. This Act shall become effective upon signature by the governor or, if not
10 signed by the governor, upon expiration of the time for bills to become law without signature
11 by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana. If
12 vetoed by the governor and subsequently approved by the legislature, this Act shall become
13 effective on the day following such approval.
The original instrument and the following digest, which constitutes no part
of the legislative instrument, were prepared by Leonore Heavey.
DIGEST
SB 177 Engrossed 2017 Regular Session Morrell
Present law requires that in order to be considered an eligible production expense for the
Motion Picture Investor Tax Credit that entities paying compensation for personal services
shall remit withholding tax at the rate of six percent or at the highest individual income tax
rate in effect.
Proposed law retains present law but changes the withholding rates to the rate specified on
the employee's withholding allowance certificate or the highest individual income tax rate
in effect.
Effective upon signature of the governor or lapse of time for gubernatorial action.
(Amends R.S. 47:164(D)(2)(b))
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.