HOUSE
                       3rd Reading Unamended
       March 1, 2011           HOUSE
       Amended 2nd Reading
                     February 28, 2011First Regular Session
              Sixty-eighth General Assembly
                    STATE OF COLORADO
                                                REENGROSSED
                       This Version Includes All Amendments
                       Adopted in the House of Introduction
 LLS NO. 11-0684.01 Esther van Mourik    HOUSE BILL 11-1207
                    HOUSE SPONSORSHIP
 Massey, 
 
                   SENATE SPONSORSHIP
 Spence, 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 House Committees
 Senate Committees
 
 
 Economic and Business Development
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                         A BILL FOR AN ACT
       Concerning the imposition of a fee on movie tickets sold in
            the state for purposes of funding the
            performance-based incentive program administered by
            the Colorado office of film, television, and media.
       
       
                           Bill Summary
       
            (Note:  This summary applies to this bill as introduced and does
       not reflect any amendments that may be subsequently adopted.  If this bill
       passes third reading in the house of introduction, a bill summary that
       applies to the reengrossed version of this bill will be available at
       http://www.leg.state.co.us/billsummaries.)
       
            Commencing on July 1, 2011, the bill imposes a fee of 10 cents on
       each movie ticket sold in the state.  The bill requires movie ticket vendors
       to remit the fee revenue in conjunction with the vendor's remittance of
       sales tax revenue and requires the department of revenue to credit the fee
       revenue to the creative industries cash fund.  The movie ticket fee
       revenue is to be used by the Colorado office of film, television, and media
       to fund the performance-based incentive program for film production in
       Colorado.
       
       
       
       Be it enacted by the General Assembly of the State of Colorado:
            SECTION 1.  Part 3 of article 48.5 of title 24, Colorado Revised
       Statutes, is amended BY THE ADDITION OF A NEW SECTION to
       read:
            24-48.5-311.5.  Film, television, and media - funding for
       performance-based incentive.  On and after July 1, 2011, all movie
       ticket vendors may collect any gifts, grants, or donations made
       by a person to fund performance-based incentives for film
       production in Colorado as specified in section 24-48.5-311.  The
       movie ticket vendor shall collect any gifts, grants, and
       donations received until the total amount collected equals a
       minimum of one hundred dollars and shall then transmit the
       total amount collected to the state treasurer as frequently as
       needed, but no less than once a year.  The state treasurer shall
       credit the money received pursuant to this section to the
       creative industries cash fund created in section 24-48.5-301 and
       shall be used by the office for the performance-based incentives
       for film production in Colorado as specified in section
       24-48.5-311.
            SECTION 2.  The introductory portion to 24-48.5-309, Colorado
       Revised Statutes, is amended to read:
            24-48.5-309.  Film, television, and media - definitions.  As used
       in this section and sections 24-48.5-310, and 24-48.5-311, and
       24-48.5-311.5, unless the context otherwise requires:
                       
            SECTION 3.  Safety clause.  The general assembly hereby finds,
       determines, and declares that this act is necessary for the immediate
       preservation of the public peace, health, and safety.