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Legislative Year: 2022 Change
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Bill Detail: HB22-1408

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Title Modify Performance-based Incentive For Film Production
Status Senate Third Reading Passed - No Amendments (05/05/2022)
Bill Subjects
  • State Government
House Sponsors D. Esgar (D)
L. Herod (D)
Senate Sponsors D. Moreno (D)
D. Hisey (R)
House Committee Business Affairs and Labor
Senate Committee Appropriations
Date Introduced 04/26/2022
Summary

The bill creates a film incentive task force to study how to make
the performance-based incentive for film production in Colorado more
effective. The task force is required to submit its findings to the house of
representatives business affairs and labor committee and the senate
business, labor, and technology committee by January 1, 2023.

The executive director of the office of economic development is
authorized, in the executive director's discretion, to authorize the approval
or issuance of an incentive in an amount that exceeds the current statutory
limit of 20% of qualifying local expenditures for a production company
that qualifies for an incentive.
The bill makes a $2 million transfer from the general fund to the
Colorado office of film, television, and media operational account cash
fund for fiscal year 2022-23.

Committee Reports
with Amendments
Full Text
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Fiscal Notes Fiscal Notes (04/27/2022) (most recent)  
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