Tagged: tax credits

A new report is suggesting state lawmakers should lessen Louisiana's generous film tax credits and cap the amount of money it can cost the state each year in lost revenue.

Louisiana spent $231 million last year to attract movie productions, through a tax break program that continues to grow larger annually and that has cost the state more than a billion dollars over a decade.

The left-leaning Louisiana Budget Project says the state hasn't gotten much in return besides the prestige of hosting big-name Hollywood actors.

Gov. Bobby Jindal's budget office won't provide most of its records tied to the state's alternative fuel vehicle tax credit program and a controversial ruling about qualifying vehicles that was rescinded by the governor.

A lawyer for the Division of Administration said records requested by The Associated Press are shielded by a public records exemption. Only one e-mail was provided. Other records were kept hidden, citing an exemption given to the governor for items involving his "deliberative process."