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Senate committee adopts bill creating tax credits to recruit film festivals as Sundance eyes move to Boulder
Summary
A Colorado Senate committee adopted House Bill 10005 on March 26, 2025, creating refundable corporate tax credits intended to attract film festivals to the state; sponsors tied the measure to a possible relocation of the Sundance Film Festival to Boulder.
House Bill 10005, which would create tax incentives aimed at attracting film festivals to Colorado, was adopted by the Senate committee of the whole on March 26, 2025, and reported to the floor for further consideration.
Senator Bazely, a sponsor, told the committee the measure was intended to position Colorado to host major festivals if they relocate. "We have a phenomenal opportunity in Colorado that would benefit, the entire state, and that is that the Sundance Festival ... is looking to relocate," Bazely said during debate.
The bill sets up refundable corporate income tax credits that sponsors described as performance-based. "They have…
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