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The 4Ps program now operates in 17 regions, 79 provinces and 1,484 municipalities and 143 key cities covering 4,090,667 household beneficiaries as of June 25, 2014. The measure, which institutionalizes the 4Ps cash transfer program, was principally authored by Senator Leila de Lima, [4] and co-authored by Senator Risa Hontiveros. [5]
Accounting for production spending going to in-state people and businesses versus out-of-state people and businesses, the film tax credit program resulted in $32.6 million in new spending for the Massachusetts economy. The film tax incentive program generated additional Massachusetts state GDP of $168.5 million and personal income of $25.2 million.
First, the Investor Tax Credit provides a 30% tax credit on qualified motion picture expenditures with no project or program cap. Second, the Labor Tax Credit provides a 5% credit for payroll expenditures on Louisiana residents. [11] This program not only encourages residents to film in Louisiana but also employ Louisiana residents. [12]
District A Shreveport City Councilwoman Tabatha Taylor says the tax credit is the key component to the city's growing film industry.
The committee also rolled back a corporate income tax cut from a 3.5% tax rate adopted by the House to a 6% rate, not as generous as the House, but still lower than the existing top rate of 7.5%.
The state House of Representatives voted on Tuesday to sunset the $150 million program on June 30, 2025, as part of a tax reform package that … Louisiana Film Allies Scramble to Save Tax Credit ...
Pantawid Pamilyang Pilipino Program (English: Bridging Program for the Filipino Family), also known as 4Ps and formerly Bangon Pamilyang Pilipino, is a conditional cash transfer program of the Philippine government under the Department of Social Welfare and Development. [22]
Amendment No. 2: Repeal of inactive special funds in Constitution. A vote for would: Remove six inactive funds with zero or near-zero balances from the Louisiana Constitution. A vote against would ...