Three New Orleans legislators are urging Gov. Bobby Jindal to veto legislation that would put a $180 million cap on Louisiana’s film tax credit.
State Sen. JP Morrell, House Speaker Pro Tem Walt Leger III, and state Rep. Helena Moreno sent letters to Jindal asking him to reject House Bill 829.
The legislators warn Jindal that the cap and other bill provisions would kill the local industry and add more costs to the state. If the bill becomes law, it would go into effect July 1.
Vetoing HB 829 would not impact reforms passed in the other bills establishing some new rules and regulations on the film tax credit program, the legislators said.