News – Newsletter
On Friday, June 18, the Texas Music Office (TMO) + the City of El Paso + the El Paso International Music Foundation will celebrate El Paso becoming a TMO-certified Music Friendly Community (MFC). TMO Community Relations & Outreach Specialist Chip Adams will represent the TMO, awarding El Paso MFC liaison Veronica Castro (Director of Tourism, Destination El Paso) the "Music Friendly" honor at an in-person celebration in El Paso.
On Tuesday, June 29, the Texas Music Office (TMO) + Visit McAllen will co-host a virtual Music Friendly Community workshop. TMO Community Relations and Outreach Specialist Chip Adams will co-host the workshop to represent the TMO, answer questions, and speak about the Music Friendly Community program.
The SBA has shared its preliminary checklist for the new Shuttered Venue Operators (SVO) Grant program. The SVO Grant program was established by the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, signed into law on December 27, 2020. The program includes $15 billion in grants to shuttered venues, to be administered by the SBA’s Office of Disaster Assistance. Learn the program details, eligibility requirements, and much more!
The Texas Music Office (TMO) and the Visit Grand Prairie will co-host a virtual Music Friendly Community workshop on Thursday, March 11 at 6 pm CT. TMO Community Relations and Outreach Specialist Chip Adams will co-host the workshop via livestream to represent the TMO, answer questions, and speak about the Music Friendly Community program.
The SBA has announced the reopening of the Paycheck Protection Program (PPP) loan for new & existing borrowers. This round of PPP authorizes up to $284 billion in potentially forgivable loans that can be applied to job retention & certain expenses thru 3/31/21. New applicants can apply for PPP loans through SBA approved "7a" lenders including many Community Development Financial Institutions (CDFIs). As with prior rounds of PPP funding, borrowers may be eligible for PPP loan forgiveness.
Getting ready to prepare your 2020 taxes? If you received unemployment benefits and/or pandemic unemployment assistance (PUA) benefit's, make sure to view the Texas Workforce Commission's info on how federal law requires reporting all of the benefits as taxable income. “Unemployment benefits are taxable income reportable to the Internal Revenue Service (IRS) under federal law. You must report all unemployment benefits you receive to the IRS on your federal tax return," notes TWC.
TMO Director Brendon Anthony delivers his annual "Year In Review" letter, detailing Texas Music Office accomplishments and highlights from 2020. Anthony goes through the office's work during the last year, reviewing how the TMO had to pivot in the ways the office communicated with constituents, while continuing its role as an economic development office for the Texas music industry. The TMO quickly adapted to create new communication channels to assist the state's music industry professionals, helping them persevere through the Covid-19 pandemic.
Watch the Archive Editions of the Mechanical Licensing Collective + TMO Co-Sponsored Webinars: THE FUTURE OF DIGITAL AUDIO MECHANICAL ROYALTIES FROM DSPs IN THE USA
On Tuesday, December 8th - and on December 16th - the TMO welcomed the newly created Mechanical Licensing Collective (the MLC) to Texas as we joined the MLC in co-hosting two FREE webinars for Texas music creators, producers, and self-administered songwriters entitled “THE FUTURE OF DIGITAL AUDIO MECHANICAL ROYALTIES FROM DSPs IN THE UNITED STATES." The webinars provided crucial information for songwriters who administer their own publishing to help ensure they receive this important revenue stream from digital service providers.