Thursday, May 14, 2009

Shreveport Mayor Signs Local Film Tax Rebate

Mayor Cedric Glover of Shreveport signed a new local law today that will hopefully bring new productions into the Shreveport area. The tax rebate is for movies and television productions that can be worth between $150,000 and $175,000 per project.

With the signing of the new rebate Millennium Films announced the filming of Straw Dogs which should start in July. Also Millennium announced the filming of The Mechanic staring Jason Statham which will start production around June. Also, two other films are looking at the area with a strong chance of filling up Shreveport with productions throughout the summer months.

Shreveport has had a very slow start this year with only a little over 4 milllion dollars worth of productions for the first quarter of the year. That should change real soon with new productions lining up for the new tax rebate that Shreveport is offering.

Caddo Parish is looking into passing a parish wide incentive to keep more productions in the area for the future. If the Governor passes a increased statewide incentive Shreveport will have one of the most competitive incentives in the country which will even outdo Georgia's aggressive incentive that has caused many productions to pass Louisiana by for more savings. My hats off to Councilman Calvin Lestor who proposed the rebate, Mayor Cedric Glover and the City Council for backing the idea and signing it into law and Arlena Acree of the Shreveport Film Office.

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