movie production company highlands ranch

#MOVIE PRODUCTION COMPANY HIGHLANDS RANCH MOVIE#

#MOVIE PRODUCTION COMPANY HIGHLANDS RANCH MOVIE#

And the argument that a moviegoer subsidized Colorado film industry is “necessary for the immediate preservation of the public peace, health and safety” is tenuous at best.Īccording to the nonpartisan Tax Foundation, movie production incentives (MPIs) and film tax credits are “lackluster policy.” Specifically, a 2010 Tax Foundation study found: It is unlikely that HB 11-1207 would transform the Colorado film industry to the point where it could compete with Hollywood, Mumbai or even Toronto. “The general assembly hereby finds, determines, and declares that this act is necessary for the immediate preservation of the public peace, health and safety.” And regardless of where the production company is based, at least 25% percent of the workers on the film project must be Colorado residents.An out-of-state production company must show at least $250,000 on qualifying in-state expenses for the film project.A Colorado-based production company must spend at least $100,000 on the film project.In order to be eligible for the incentive: Movie ticket fee revenue would be held in a “creative industries cash fund” managed by the Colorado Office of Film, Television and Media.Īccording to The Denver Post, the program would offer movie production companies a 10% cash rebate for costs on films produced in Colorado. The fee would go into place on Jand would be collected by movie ticket vendors in addition to the existing sales tax. The bill, HB 11-1207, would impose a 10-cent fee on every movie ticket sold in Colorado to incentivize film production in the state. Tom Massey (R-Poncha) introduced the Movie Ticket Fee for Film Incentives Bill.

Movie production company highlands ranch