Video Presentation
Learn about the Broadway South opportunity and potential.
RUNTIME 6:20 minutes
40MB file size
QUICKTIME FILE: Download a hi-res quicktime movie file here (62.7MB file download)
YOUTUBE LINK: Watch on YouTube Hi-Def
The purpose of the legislation is to position Louisiana as a viable alternative to NYC
as the leading performing arts center in the country
Louisiana Act 482 as enacted will: [ LINK TO ACT 482 PDF ]
• 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 Opportunity
Download Video in Quicktime Movie
Louisiana Act 482
Link to ACT 482 PDF
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