action postponed indefinitely
Summary
The bill sets up an Independent Theater Sponsorship Program that provides monthly financial support to eligible independent theaters located in municipal business districts that are part of a Main Street or arts and cultural district. Administered by the Economic Development Department, the program aims to keep these theaters viable and stimulate economic activity in their neighborhoods. $1 million is earmarked for the program from 2027 through 2029, and the department must report on participation and impact each year.
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