Minnesota 2023-2024 Regular Session

Minnesota Senate Bill SF5491

Introduced
4/29/24  

Caption

Minnesota Live Musical Theater Production Grant Pilot Program appropriation

Impact

If enacted, SF5491 would have a significant impact on the theater industry in Minnesota, particularly by encouraging productions to take place within the state. The bill stipulates that venues must be sufficiently large, with at least 1,000 seats, and it requires that local talent, stagehands, and orchestras be employed, thus directly supporting the local workforce. The funding could promote not only the economic viability of these venues but also enhance Minnesota's reputation as a destination for live theater productions.

Summary

SF5491, known as the Minnesota Live Musical Theater Production Grant Pilot Program, aims to foster economic development within the state by funding live musical theater productions. The bill proposes an appropriation of $1,000,000 for fiscal year 2025, which would be allocated to the commissioner of employment and economic development. Producers of live musical theater can apply for grants to help cover production costs when staging pre-Broadway shows in eligible venues across Minnesota. The objective is to support local venues and create jobs in the performing arts sector.

Contention

While the bill has the potential to create jobs and stimulate the local economy through the arts, there may be points of contention, particularly regarding funding allocation and the management of grant applications. Critics may question the necessity of state funding for what some consider a luxury industry. Additionally, there may be debates around how effectively the funds are managed and whether the bill adequately addresses the diverse needs of different theater producers, ranging from small local companies to larger national entities looking to launch tours from within the state.

Companion Bills

MN HF5454

Similar To Live musical theater production grant program funding provided, and money appropriated.

Previously Filed As

MN HF5454

Live musical theater production grant program funding provided, and money appropriated.

MN H5801

Musical And Theatrical Production Tax Credits

MN S0464

Musical And Theatrical Production Tax Credits

MN H2711

Creating a pilot program to enhance economic and community development through live theatrical arts

MN S1764

Creating a pilot program to enhance economic and community development through live theatrical arts

MN S2925

Musical And Theatrical Production Tax Credits

MN H8154

Musical And Theatrical Production Tax Credits

MN SB283

Modify film and theater production tax credit

MN SB159

Regards film and theater production tax credits

MN HB501

Extends the sunset of the musical and theatrical production base investment income tax credit (RE DECREASE GF RV See Note)

Similar Bills

No similar bills found.