Louisiana Administrative Code › Title 61 - REVENUE AND TAXATION › Part I - Taxes Collected and Administered by the Secretary of Revenue › Chapter 16 - Louisiana Entertainment Industry Tax Credit Programs › Subchapter B - Motion Picture Production Tax Credit Program-Qualified Entertainment Company Payroll Tax Credit Program › Section I-1637 - Certification

Current through Register Vol. 50, No. 6, June 20, 2024
A. Initial
				  Certification of State-Certified Productions
1. To obtain the approval of the department
				  for a "state-certified production" as required by
				  R.S.
				  47:6023(B)(5) and (6), the
				  sound recording production company that will produce the sound recording
				  production must submit a written request to the department for approval of the
				  production as a "state-certified musical recording infrastructure project" or
				  as a "state-certified production" and setting forth the following facts, when
				  applicable:
a. working title of the sound
				  recording production for which approval is requested;
b. name of the requesting production
				  company;
c. telephone number of
				  requesting production company;
d.
				  name and telephone number of the requesting production company's contact
				  person;
e. approximate beginning
				  and ending date of production in Louisiana;
f. Louisiana office address of requesting
				  production company (if available);
g. telephone number of requesting production
				  company's Louisiana office address (if available);
h. estimated total production-related costs
				  of the sound recording production for which approval is requested;
i. estimated total amount of
				  production-related costs to be expended in Louisiana in connection with the
				  sound recording production for which approval is requested;
j. estimated total payroll to be paid by the
				  requesting production company to Louisiana residents employed by the requesting
				  production company in connection with the production for which approval is
				  requested.;
k. facts sufficient to
				  determine each of the following:
i. that the
				  requesting production company is a sound recording production company as
				  defined by
				  R.S.
				  47:6023(B)(4);
l. for "state-certified
				  productions" the application shall also include:
i. the distribution plan;
ii. a preliminary budget including estimated
				  Louisiana payroll and estimated base investment;
iii. a description of the type of sound to be
				  recorded;
iv. a list of the
				  principal creative elements including performing artist(s) and
				  producer;
v. the name and address
				  of the recording studio or other location where the recording production will
				  take place;
vi. a statement that
				  the production will qualify as a state-certified production; and
vii. estimated start and completion
				  dates;
m. for
				  "state-certified sound recording infrastructure projects" the application shall
				  also include:
i. a detailed description of the
				  infrastructure project;
ii. a
				  preliminary budget;
iii. a
				  statement that the project meets the definition of a state-certified
				  infrastructure project; and
iv.
				  estimated start and completion dates;
v. a business plan for startup sound
				  recording infrastructure companies.