HB 21-1263 CO Became Law
Meeting And Events Incentive Program
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Summary
The act creates the Colorado meeting and events incentive program (program) in the Colorado tourism office (office) to provide rebates and direct support to eligible events in Colorado to assist in the state's recovery from the COVID-19 pandemic.An eligible event means an event, including a meeting, conference, or festival, that:Takes place in Colorado between July 1, 2021, and December 31, 2022; Can demonstrate a significant economic benefit for the host community as determined by the office; Generates at least 25 paid overnight stays in a motel, hotel, vacation rental, or other lodging establishment; and Meets any additional criteria established by the office. The program may offer rebates of up to 10% of the hard costs of an eligible event. A hard cost means an actual incurred cost associated with hosting the event, as determined by the office in consultation with industry stakeholders. The program may also offer rebates of up to 25% for COVID-19-related costs, which are hard costs that are directly related to complying with public health orders or other mandates issued in response to the COVID-19 pandemic, as determined by the office in consultation with industry stakeholders. The primary organizer or booking agent, as determined pursuant to guidelines developed by the office, may apply for and receive the rebate for an eligible event.The program may provide direct support to attract eligible events that have the potential to generate significant economic impact and affect multiple counties. The costs of all such direct support cannot exceed 5% of the total appropriation for the program.The office is required to create guidelines for the program. In doing so, the office must consider mechanisms to:Make rebates and direct support available equitably and proportionally across the state; Prioritize events with significant economic impacts; and Retain existing events with a demonstrated risk of cancellation, delay, or relocation in addition to attracting new events to the state. The act appropriates $10 million to the office for the program. The program is repealed, effective January 1, 2024.(Note: This summary applies to this bill as enacted.)
Sponsors (4)
- Dylan Roberts Democratic · primary
- Matt Soper Republican · primary
- Robert Rodriguez Democratic · primary
- Dennis Hisey · primary
Action history (14)
- Jun 14, 2021 Governor Signed · executive
- Jun 11, 2021 Sent to the Governor · executive
- Jun 11, 2021 Signed by the Speaker of the House · lower
- Jun 11, 2021 Signed by the President of the Senate · upper
- Jun 4, 2021 Senate Third Reading Passed - No Amendments · upper
- Jun 3, 2021 Senate Second Reading Special Order - Passed - No Amendments · upper
- Jun 3, 2021 Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole · upper
- May 12, 2021 Senate Committee on Business, Labor, & Technology Refer Unamended to Appropriations · upper
- Apr 30, 2021 Introduced In Senate - Assigned to Business, Labor, & Technology · upper
- Apr 29, 2021 House Third Reading Passed - No Amendments · lower
- Apr 28, 2021 House Second Reading Special Order - Passed with Amendments - Committee · lower
- Apr 28, 2021 House Committee on Appropriations Refer Amended to House Committee of the Whole · lower
- Apr 15, 2021 House Committee on Business Affairs & Labor Refer Amended to Appropriations · lower
- Apr 6, 2021 Introduced In House - Assigned to Business Affairs & Labor · lower
Text versions (9)
The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.
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