About Us: Powerpoint Presentation
Learn about the Broadway South initiative through an easy-to-understand presentation.
13:09 minutes
70MB file size
The purpose of the legislation is to position Louisiana as a viable alternative to NYC
as the leading performing arts center in the country
SB 218 (Murray) / HB No. To be Provided, as enacted will:
• Offer live “Broadway bound” productions (including theater, opera,
ballet, jazz, comedy revenue and variety entertainment) the following
incentives:
- 25% state tax credit on their “base investment”
- 25 % “infrastructure tax credit” based on construction costs
- 10% tax credit on payroll for Louisiana residents
• Offer tax credits which enhance the GO Zone and other economic
development incentives presently unique to Louisiana
• Encourage developers to rebuild, repair or renew vital infrastructure
throughout the state with private dollars
• Create
- Thousands of temporary construction jobs
- Thousands of permanent jobs
• Allow Louisiana to package itself performing arts of the South,
thereby:
- Increasing tourism, tourism related employment
- Increasing income, sales and property tax revenues
• Contribute to a well-rounded education for our kids by offering them
exposure to the arts on a level heretofore unavailable
• Create an atmosphere whereby our young adults can stay in Louisiana
rather than seek career opportunities elsewhere
Related Information
The Broadway South Keynote Presentation
Download Presentation in Quicktime Movie