COLORADO

PROPOSED LEGISLATION (STILL IN THE HOUSE OR SENATE)

JANUARY 31, 2010

In addition to allowing television commercials to apply for an incentive, the bill removes the requirement that a production company must spend at least 75% of its production expenditures on qualified local expenditures.  Also, the minimum spend for a production originating out-of-state is reduced from $1 million to $250,000.  Previously, the actual qualified local expenditures had to equal or exceed the projected qualified local expenditures on a project.  The new bill would only require the actual qualified local expenditures to equal or exceed the minimum spend requirements.   

For more information please contact:

Joe Bessacini
Vice President, Film & TV Production Incentives
818-480-4427
jbessacini@castandcrew.com

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