About this archived opportunity

The Film Festival Tax Credit was established by HB 25-1005 and offers incentives to a globally recognized film festival to relocate to Colorado, and to existing film festivals which can qualify based on elements outlined in statute, by providing financial support for film festival organizers for qualifying expenditures in relation to organizing and hosting their film festival in Colorado. These tax expenditures and financial incentives are intended to boost local economies by increasing local sales tax revenue, along with boosting state visitation from out-of-state and international visitors. The bill, which was signed into law in April 2025, supports the Sundance Film Festival’s relocation effort via refundable tax credit at $3-5M per year through 2036. House Bill 25-1005 also provides $500,000 in refundable tax credits to support local, existing film festivals throughout the state through a changing market landscape. The Office of Economic Development and International Trade's (OEDIT) Business Funding and Incentives (BF&I) division will issue the tax credit and run the technical assistance; COFTM will manage the program. Type: Refundable Tax Credit For: Existing film festival entities holding a festival in Colorado Amount: Varying amounts based on film festival Application period: Annually, summer-fall OEDIT divisions: Business Funding and Incentives and Colorado Office of Film, Television and Media CDOR Taxpayer Helpline: (303) 238-7378 We will be hosting a webinar to dig into the details of the Film Festival Tax Credit on July 29 at 10:30 a.m. mountain. Overview: The webinar will include information related to the enabling statute, application process, the program timeline, and questions and answers. Agenda: The agenda will be made available on this page the week of July 20, 2026. Will this be recorded? This webinar will be recorded and available to view after the event concludes. Join the July 29, 2026 Webinar A film festival entity that is not a global film fe