Applying for Colorado’s new incentive rebate is easy. Our incentive is a cash rebate, which means no transferable tax credits, complicated tax returns, or long waits. Checks will be issued no later than 45 days after receipt of CPA audit and other required documentation.
To be eligible, a Colorado production company must have qualified local expenditures of at least $100,000. An out-of-state production company must have at least $1 million in qualified local expenditures (the exception being television commercials and video game productions, which must have qualified local expenditures of $250,000).
Productions must hire a workforce (cast & crew) comprised of at least 50% Colorado residents.
All productions considering a film incentive rebate must be approved and have a signed contract before beginning principal photography.
Please review all procedures and definitions thoroughly.
- To begin the application process, submit a pre-application or consult with the film office at 303-892-3840. Our funding is limited and therefore projects will be selected on the merits set forth in the application and not on a “first come first served” basis
- Submit the Statement of Intent & Application for Conditional Approval
- Approval – each project make must gain approval from the Colorado Economic Development Commission at a designated monthly meeting. The schedule can be found here.
- Register or confirm Good Standing with Colorado Secretary of State
- Contract – A fully executed contract must be completed before incurring expenses eligible for the rebate
2. During Production
- Colorado Residency Declarations – this form must be used during the course of production activities to maintain proper records of the percentage of Colorado residents employed on the production
- Set-Up Colorado Withholding – Colorado income tax must be withheld for wages to be considered a qualified local expenditure (issuing 1099’s is not sufficient proof of withholding). If non-resident cast or crew members are being claimed as an eligible expenditure, Colorado income tax must also be withheld
3. After Production
- Audit – The production company must retain a Colorado Certified Public Accountant to review and report in writing, and in accordance with professional standards, the accuracy of the financial documents of expenses incurred during Colorado production and figures reported in the Film Incentive Proof of Performance. The CPA must review Expectations for CPA Audit. Download a sample audit
- Submit a Film Incentive Proof of Performance
- Certification – sample Certification Letter
- Download the Colorado Office of Film, Television & Media logo for end credit acknowledgement. .JPG .PNG
- Additional Materials – Please refer to the Film Incentive Proof of Performance Checklist for other materials that must be submitted
- Incentive Program Definitions
- Incentive Guidelines & Criteria
- Loan Program Guidelines & Criteria
- Expectation for CPA Audit
- Film, television, and media – definitions (C.R.S. 24-48.5-114)
- Film, television, and media – duties – loan guarantee program (C.R.S. 24-48.5-115)
- Film, television, and media – performance-based incentive for film production in Colorado – Colorado office of film, television, and media operational account cash fund – creation (C.R.S 24-48.5-116)
- Colorado Open Records Act (C.R.S. 24-6-402)
- FY13 Funding Source: HB12-1286
- FY14 Funding Source: SB13-230
- FY15 Funding Source: HB14-1336
- FY16 Funding Source: SB15-234
- FY17 Funding Source: HB16-1405
Filming in Colorado is unforgettable. That’s why several notable productions have used Colorado’s new 20% rebate program, including The Hateful Eight, Furious 7, Cop Car, Being Evel, & Universal Sports Network.