Tue 5 Jan 2010
According to this AP article I read on The Denver Channel (Channel 7) News Website, three pieces of legistation designed to create jobs in Colorado’s ‘creative industries’ were proposed today. The article specifically mentions film and more specifically, film companies that book 75% of non-payroll budget in Colorado.
Unless I am mistaken, the article is saying that an independent film company based in Colorado (even one that does not fully comply with the 75%) may be in line for up to $300,000 in incentives. It does say “incentives” and not cash. So I’m thinking in terms of tax breaks, tax credits, perhaps some fee waivers rather than grants or loans, but who knows? The article doens’t go into further detail. I will try to find more details so check back.
Please retweet/repost this and lets keep an eye on this legislation. If it could help stimulate the arts in Colorado, I’m sure everyone interested in this site and blog would benefit. If I can find any links to the details of the legislation and whom we can contact to voice our support, I will post them.