From Delaware State News
MILTON — Live entertainment venues look to get a boost, as Sen. Tom Carper, D-Del., discussed his newly introduced bill at Milton Theatre on Monday, which will give live entertainment venues across the country a tax credit to make up for revenue lost to canceled shows amidst COVID-19.
The Entertainments New Credit Opportunity for Relief & Economic Sustainability (ENCORES) bill was introduced by Sen. Carper and Sen. Jon Tester, D-Montana, to Congress on July 29. The bill has been assigned to the finance committee in the House of Representatives to await further discussion.
Sen. Carper said his love for the arts is what pushed him to create the ENCORES bill.
“I love music, I love live performance, it’s one of the joys of my life, and I think it’s one of the joys of a lot of people’s lives,” Sen. Carper said. “If we didn’t have music and the arts, we would be missing a whole lot. You don’t have to be in New York City, Philadelphia, Boston, or LA to find great music. We have it here.”
The live entertainment industry has dealt with show cancellations, ticket refunds and strict health regulations since the spread of COVID-19, making it one of the hardest-hit industries by the pandemic thus far. Live entertainment simply does not exist in the same way since March, as they were one of the first industries to shut down and have faced many hardships in trying to reopen safely.
Milton Theatre Executive Director Fred Munzert spoke Monday about how COVID-19 has taken a significant toll on its staffing and revenue.
“On the 13th (of March), we shut down. It was just so emotional for us and everyone who worked here. (For) almost 30 employees and contractors, this was our life blood, our passion, our love, and for many, our mortgage payment, putting food on the table for our kids, all of those things,” Mr. Munzert said.
“We let everyone go. We had to. Our income stopped in a day. Then, the influx of calls for refunds. $150,000 almost immediately of requests for refunds came in. It was remarkable, the impact and terrifying.”