Louisiana has voted to preserve its tax incentive for film and TV production. But there’s a catch. The state Senate voted 38-1 on Friday to lower the cap on the program from $150 million to $125 ...

Film Louisiana has repeatedly said that it supports pro-business tax reform. But it has also argued that the film credit supports 10,000 jobs and has led to $1 billion in economic activity per year.

Louisiana’s state tax credit for film and television production may be at risk as legislators at a special session are considering the repeal of a wide range of incentives.