BATON ROUGE, La. — Producers of adult content won't be eligible for Louisiana's film tax credit program under legislation heading to the governor's desk.
This morning, Louisiana’s Senate voted to prohibit tax credits to any producer that must maintain records pursuant to 18 U.S.C. § 2257, the federal record-keeping requirement for adult producers.
While the state Department of Economic Development typically doesn't issue tax credits to projects involving porn, legislation (HB312) authored by state Rep. Mark Abraham will codify that into law, if signed by the governor.
The mainstream film industry has been blessed by Louisiana’s generous tax incentives, so much that the state has been nicknamed “Hollywood South” or “Hollywood on the Bayou.”
The Louisiana tax break provides a general 30 percent tax credit for qualified producers. Another tax break offers a five percent break for payroll expenditures on Louisiana residents.
Coincidently, adult superstar Stormy Daniels, who was recently named host of the 2019 XBIZ Awards, is a Louisiana native. She was born in Baton Rouge.
Just this week, Daniels was in Louisiana to feature dance in New Orleans and Baton Rouge.
Louisiana’s state Senate gave final passage to the measure with a 31-0 vote this morning. It already had been approved by the House with a 97-0 vote.
If signed by Gov. John Edwards, the anti-porn tax credit law would take effect July 1.
Check out the HB312 here.
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