Louisiana Entertainment

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REMINDER: EFFECTIVE SEPTEMBER 1, 2013 – OUR OFFICE WILL NO LONGER ACCEPT TRANSFER NOTIFICATIONS

August 29, 2013

REMDINDER – Effective September 1, 2013 – LED and OEID will NO LONGER accept transfer notifications or the requisite fees for any transfers related to our entertainment incentive program. If sent to our office, we will simply return to sender. In addition, state law now requires that all transfer notifications be sent to the Department of Revenue within 10 days of the transfer(s)’s execution. Here is the original post:

1) Act 418 (click HERE to download) of the 2013 Regular Session establishes a tax credit registry within the Louisiana Department of Revenue (LDR). LED and OEID are no longer required to receive any transfer notifications or the subsequent transfer fees. Therefore, all transfer documents including the transfer fees should be sent directly to LDR at the following address:

Louisiana Department of Revenue
ATTN: Tax Credit Registry
Post Office Box 1071
Baton Rouge, Louisiana 70821

LDR has also set up a phone number for anyone seeking additional information – 225.219.2270. As a courtesy, LED will forward any transfers to LDR we receive between today and September 1, 2013. As of September 1, 2013 we will NOT ACCEPT ANY TRANSFERS or TRANSFER FEES, and any information received will be returned to sender.

2) Until further advised, please continue sending the necessary transfer documents for those seeking to transfer the film credits directly with the state. We are working on finalizing the mechanisms so that recipients can go directly to LDR with these as well.

Chris Stelly, Executive Director
Louisiana Entertainment