HB 25-1005 CO

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Became Law

The act creates a new refundable tax credit only if at least one qualified film festival entity with a multi-decade operating history and a verifiable track record of attracting 100,000 or more in-person ticket sales and over 10,000 out-of-state and international attendees (global film festival entity) commences the relocation of the festival to Colorado by January 1, 2026. Upon relocation, for calendar years commencing on or after January 1, 2027, but before January 1, 2037, the maximum aggregate amount of refundable tax credits that any qualified global film festival entity is eligible to receive is $34 million and the maximum aggregate amount that all existing or small Colorado festival entities collectively may receive is $5 million. A film festival entity is allowed a tax credit for each tax year in which the film festival entity hosts a film festival in Colorado, and may be allowed an additional tax credit in the subsequent tax year with respect to any qualified expenditures incurred in the year the film festival entity hosted the film festival in Colorado. (Note: This summary applies to this bill as enacted.)

• Monica Duran Democratic · primary
• Brianna Titone Democratic · primary
• Judy Amabile Democratic · primary
• Mark Baisley Republican · primary

1. Apr 8, 2025 Governor Signed · executive
2. Apr 4, 2025 Sent to the Governor · executive
3. Apr 3, 2025 Signed by the President of the Senate · upper
4. Apr 2, 2025 Signed by the Speaker of the House · lower
5. Mar 28, 2025 Senate Third Reading Passed - No Amendments · upper
6. Mar 27, 2025 Senate Second Reading Special Order - Passed - No Amendments · upper
7. Mar 26, 2025 Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole · upper
8. Mar 25, 2025 Senate Committee on Finance Refer Unamended to Appropriations · upper
9. Mar 18, 2025 Introduced In Senate - Assigned to Finance · upper
10. Mar 13, 2025 House Third Reading Passed - No Amendments · lower
11. Mar 12, 2025 House Second Reading Special Order - Passed with Amendments - Committee, Floor · lower
12. Mar 11, 2025 House Second Reading Laid Over Daily - No Amendments · lower
13. Mar 7, 2025 House Committee on Appropriations Refer Unamended to House Committee of the Whole · lower
14. Feb 6, 2025 House Committee on Finance Refer Amended to Appropriations · lower
15. Jan 29, 2025 House Committee on Business Affairs & Labor Refer Unamended to Finance · lower
16. Jan 8, 2025 Introduced In House - Assigned to Business Affairs & Labor · lower