Representatives Duran and Titone, co-prime sponsors, presented House Bill 25-1005. The bill creates two refundable state income tax credits to support Colorado's film festival industry. They distributed amendments L.001 (Attachment A), L.002 (Attachment B), L.008 (Attachment C), and L.009 (Attachment D). They responded to questions from the committee.

Mr. Matt Benjamin, representing the City of Boulder, testified in support of the bill. Mr. Jonathan Singer, representing the Boulder Chamber of Commerce, testified in support of the bill. Jeff Kraft, representing the Office of Economic Development and International Trade, testified in support of the bill. Charlene Hoffman, representing Visit Boulder, testified in support of the bill. The panel of witnesses responded to questions from the committee.

The committee continued to question the panel of witnesses.

Rachel Beck, representing the Colorado Competitive Council, testified in support of the bill. Arielle Brachfeld, representing the Office of Economic Development and International Trade, testified in support of the bill. Nick Goins, representing himself, testified in support of the bill. Kirsten Schuchman, representing the University of Colorado, testified in support of the bill. Written testimony is included as Attachment E.

The committee took a brief recess.

The committee returned to order. The bill sponsors provided closing remarks.