Italy's 2022 Budget Allocates €1 Billion for Culture

The Italian Council of Ministers approved the 2022 Budget Law, allocating €1 billion to culture out of a total €23 billion package. Key measures include €110 million for the audiovisual sector under the Franceschini Law, raising the minimum annual fund from €400 million to €750 million, and a 40% tax credit for cinema. The FUS (Single Fund for Entertainment) increases by €20 million to over €400 million annually. A new SET fund provides €20 million in 2022 and €40 million from 2023 for entertainment workers' welfare. For cultural institutions, €20 million is allocated, plus €150 million for the lyric-symphonic foundations' recovery (€100 million in 2022, €50 million in 2023). Archives receive €100 million through 2025 for property acquisition and safety upgrades, plus €5 million annually for leases. The cultural heritage protection fund gets €100 million. Libraries and bookstores benefit from €40 million initially and €30 million annually for 2022-2023, with €10 million for the independent bookstore tax credit. The Facade Bonus is extended at 60% for 2022. €230 million funds the 18APP culture bonus for 18-year-olds. €20 million supports artisan activities in small towns (under 500 inhabitants) via tax exemptions and property concessions. No specific measures target museums. Culture Minister Dario Franceschini stated that cultural policies are central to the government's economic choices.