Shreveport City Council passes resolutions in support of state’s film and historic tax credits

SHREVEPORT, La. (KSLA) - In an effort to encourage economic development in Shreveport, the city council has unanimously passed resolutions supporting the state's film and historic rehabilitation tax credits.

Specifically, the resolutions support Louisiana's Motion Picture Production Tax Credit and the Louisiana Historic Rehabilitation Tax Credit. These resolutions urge state lawmakers to preserve, and expand, the credits. The city council believes these programs have been vital in attracting film and TV projects to the state, and in revitalizing historic buildings/neighborhoods across the state.

The council highlighted how the film tax credit has drawn in Curtis "50 Cent" Jackson and his company, G-Unit Film & Television.

"The film and historic tax credits have been crucial for Shreveport," said Ursula Bowman, District G councilwoman and co-sponsor of the legislation. "They help us bring film productions to our city, creating jobs and supporting local businesses, while also preserving our rich architectural heritage. These programs generate long-term economic benefits, and we strongly urge the state to continue supporting them."

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Meanwhile, the state's Historic Rehabilitation Tax Credit has also impacted Shreveport by supporting the restoration of landmarks, including the Municipal Auditorium, the Ogilvie Hardware building, and the Texas Street corridor. Other areas such as the Shreveport Common and the Southern Bell building have also benefited. The council says these projects spark local pride, enhance tourism, and drive new investments to the city.

"Investments in our historic structures benefit our economy, strengthen our neighborhoods, and help preserve the unique character of Shreveport for future generations," said Tabatha Taylor, District A councilwoman and legislation co-sponsor. "Both the film and historic tax credits bring valuable resources to our city, and we ask the Louisiana legislature to maintain these programs, which are vital for our city's growth."

These two resolutions passed by the city council will be communicated to Governor Jeff Landry and state lawmakers.

On Wednesday, Nov. 6, the governor opened a special session focused on tax reform . One of the issues up for consideration is the film tax credit, among others.