Concert sales tax rebate was inspired by Bayou Country Superfest incentive
Legislation passed over the weekend in the Louisiana Legislature aimed at attracting more large festivals and concerts to East Baton Rouge Parish was inspired by incentives granted to Bayou Country Superfest. Filed by Rep. Barbara Freiberg, R-Baton Rouge, HB 450 allows East Baton Rouge Parish to offer a local sales tax rebate on admission to major live... A new law in the Louisiana Legislature passed over the weekend was inspired by incentives granted to Bayou Country Superfest, which allows East Baton Rouge Parish to offer a local sales tax rebate on admission to major live music and entertainment events that meet minimum paid attendance requirements. The bill was designed to incentivize concert promoters and national tours for major acts to bring their shows to Baton Rouge, and was passed by Rep. Barbara Freiberg, R-Baton Rouge, HB 450. Trey Godfrey, senior vice president of policy at the Baton Rouge Area Chamber, says the legislation was intended to encourage concert promoters to have a percentage rebated from their ticket sales.
Published : 10 months ago by in
Legislation passed over the weekend in the Louisiana Legislature aimed at attracting more large festivals and concerts to East Baton Rouge Parish was inspired by incentives granted to Bayou Country Superfest.
Filed by Rep. Barbara Freiberg, R-Baton Rouge, HB 450 allows East Baton Rouge Parish to offer a local sales tax rebate on admission to major live music and entertainment events that meet minimum paid attendance requirements. Trey Godfrey, senior vice president of policy at the Baton Rouge Area Chamber, says the bill was designed to incentivize concert promoters and national tours for major acts to bring their shows to Baton Rouge.
“This legislation gives concert promoters the opportunity to have a percentage rebated from their ticket sales,” Godfrey says. “We see this as an economic development tool to generate more activity.”
Topics: Taxes