Shreveport City Council Champions Tax Credits for Film and Historic Preservation
Source: KTBS
Shreveport, La. – In a show of unanimous support, the Shreveport City Council has taken a stand to urge the state legislature to preserve and enhance Louisiana’s Motion Picture Production Tax Credit and Historic Rehabilitation Tax Credit. These tax credits, council members argue, have become vital to Shreveport’s growth by attracting film and television productions while breathing new life into the city’s historic buildings and neighborhoods.
Council members emphasized the economic lift these credits provide, particularly in drawing film projects that boost local jobs and tourism. The Motion Picture Production Tax Credit has proven to be a powerful tool, positioning Shreveport as a competitive destination for film and television, with recent investments by G-Unit Film & Television, led by Curtis “50 Cent” Jackson, highlighting the city’s rising profile in the industry.
“The film and historic tax credits have been crucial for Shreveport,” said District G Councilwoman Ursula Bowman, co-sponsor of the resolutions. “They bring productions to our city, create jobs, support local businesses, and safeguard our unique architectural heritage. These programs offer long-term economic benefits, and we’re calling on the state to continue their support.”
Equally transformative, the Louisiana Historic Rehabilitation Tax Credit has funded the restoration of significant Shreveport landmarks, such as the Municipal Auditorium, the Ogilvie Hardware Building, and sites along the Texas Street Corridor, as well as projects in Shreveport Common and the Southern Bell Building.
“Investments in our historic structures boost our economy, strengthen neighborhoods, and preserve Shreveport’s unique character for future generations,” said District A Councilwoman Tabatha Taylor, another co-sponsor. “These tax credits are invaluable resources for our city’s growth, and we strongly urge the legislature to keep them intact.”
With these resolutions, the Shreveport City Council is making a formal appeal to Governor Jeff Landry and the state legislature, signaling just how essential these programs are for the community’s future.