Louisiana’s film industry, long known as “Hollywood South,” is facing a seismic shift that could reshape its future. Following a recent vote by the Louisiana House of Representatives, the state’s vital film tax credit program is on track to sunset by June 2025. This decision, part of a broader tax reform package, has triggered alarm across the industry, especially for high-profile projects like 50 Cent’s G-Unit Film & TV Studios in Shreveport.

Since its inception in 2002, Louisiana’s Motion Picture Tax Credit Program has been a linchpin in attracting big-budget productions to the state, offering a 40% tax rebate on in-state film expenses. But with lawmakers prioritizing income tax cuts, the state is moving to phase out not only the film tax incentive but also credits for historic preservation and other sectors. The House passed the repeal of the film credit by an overwhelming majority, despite strong objections from local industry advocates.

Rep. Steven Jackson of Shreveport voiced concerns about the signal this repeal sends to the film industry. “My concern with this bill is it sends a message we don’t want to do film,” he remarked, underscoring the economic and cultural impact that productions bring to Louisiana communities.

The tax incentive cut has left 50 Cent, who recently set up his production base in Shreveport, reevaluating his future investments in the area. After learning about the repeal, the rapper and media mogul posted on Instagram, “This doesn’t feel good, but it could be great for Louisiana. Patience, let’s see how it plays out.” 50 Cent had been making ambitious plans to revitalize Shreveport, including the development of a multi-phase community project with entertainment venues, housing, and even a grocery store.

The tax overhaul, championed by Republican Gov. Jeff Landry, aims to lower Louisiana’s income tax rates, including a reduction of the corporate tax rate—the highest in the South—to make the state more business-friendly. However, critics argue that repealing the film incentive could drive production to neighboring states like Georgia, where incentives surpass $1 billion annually.

Rep. Michael Bayham of St. Bernard Parish expressed his concerns about Louisiana’s ability to compete without the tax credits, citing productions like Deepwater Horizon and Terminator 3 filmed in his district. “The movie industry has thrived in our state. Let’s do our part to help our existing businesses remain competitive with other states in the South,” he said.

Louisiana’s Department of Revenue, however, has questioned the return on investment, reporting that the program yields just 60 cents for every dollar spent. This has fueled the argument from legislators like Rep. Danny McCormick, who called the program “corporate welfare” for Hollywood.

Despite the House vote, several lawmakers are optimistic about finding a middle ground. Rep. Emily Chenevert, a former production manager now in office, hinted at discussions to rework the bill to preserve an incentive for film. “The governor, I believe, sees the impact of this industry,” she said. “This is not just about Hollywood. This is about the local communities and the businesses it touches.”

For 50 Cent’s Shreveport project, the tax credit repeal presents a critical challenge. Initially drawn to Shreveport by the financial incentives and affordable locations, he envisioned his G-Unit studio as a catalyst for community revitalization. Local real estate broker Gerod Durden shared that 50 Cent had plans for a substantial development, including a large-scale entertainment venue, a jump park, and several commercial properties. The repeal, however, leaves the future of these projects in question.

As Louisiana’s film community rallies to keep the incentive alive, industry advocates stress the program’s broader impact on the state’s economy and cultural landscape. Film Louisiana, a trade association, noted that the program represents a billion-dollar economic boost for the state, supporting approximately 16,000 jobs annually.

The state Senate has yet to schedule a vote on the bill, leaving a window for potential modifications. As discussions continue, Louisiana’s film industry, and productions like G-Unit Film & TV Studios, face an uncertain path forward.