Eligibility Requirements
Qualifying productions include:
- Pre-Broadway engagement or remounts
- Tour or resident production remounts
- Pre-Broadway tryouts
- Resident or regional productions
- National touring companies producing their first public performance in Louisiana
- Concert tours producing their first public performance in Louisiana
Eligible production expenditures:
- Salaries directly related to the development of in-state certified productions (up to the first $1 million per person)
- Physical production costs directly related to an in-state certified production
- Artist compensation directly related to performance days in Louisiana (up to the first $1 million per person)
- Creative team compensation directly related to work performed in Louisiana
- Local and touring crew compensation directly related to work performed in Louisiana (up to the first $1 million per person)
- Hotel and airfare expenditures directly related to an in-state certified production
- Venue rental and associated fixed costs
Application Process
Next Steps
Initial Certification
Applicant completes and submits the application with supporting documents and fees to OEID.
Prior to OEID’s review of the application, an expenditure verification report (aka “audit”) deposit shall be submitted according to the following schedule:
Production Size Deposit Amount
$5,000- $50,000 $2,500
$50,000- Above $5,000
The applicant will be assessed the department’s actual cost for the audit report. The maximum fee shall be $5,000 for verification of a cost report of production or project expenditures reflecting expenditures of between $5,000 and $50,000, and the maximum fee shall be $15,000 for verification of a cost report reflecting expenditures in excess of $50,000.
Once the application is complete, the project is evaluated for eligibility, and if OEID determines that the project meets eligibility requirements in accordance with State law and the program rules and regulations, then an Initial Certification letter will be issued. The Initial Certification letter does NOT certify any expenditures for tax credits. Additional detailed guidelines are provided within the initial certification letter. If the project does not meet eligibility requirements, then OEID will issue a written denial.
The applicant signs the Initial Certification letter and returns it to OEID.
Final Certification
Upon completion of the production, the applicant shall notify OEID that they are ready to proceed to final certification and submit a cost report. The assigned CPA will start their audit and provide a report to OEID.
The following information may be requested by the CPA:
- Full general ledger(s) — any and all data detailing expenditures (in-state and out-of-state) related to the production
- Full payroll data — any and all data related to payroll associated with the production or infrastructure project
- Invoices, contracts and proof of payment for certain transactions may be required by LED
- Verification of Louisiana payroll expenditures through review of Declaration of Residency form(s) by CPA
After the expenditure verification report is received and reviewed, OEID issues a Final Certification letter, confirming the certified amount that was spent in state and the certified amount of tax credits the applicant will receive.
Issuance of Credits
Upon Final Certification, OEID submits the Final Certification letter to the Louisiana Department of Revenue (LDR) on behalf of the investor who earned the musical and theatrical production income tax credits.
LDR may require the investor to submit additional information.
LDR issues tax credits to investor.
FAQs
How does the program define a qualified musical or theatrical production?
Louisiana’s Musical and Theatrical Production Incentive Program is open to concert, theatrical and other live productions that originate or debut in the State of Louisiana.
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