HI SB1495 | 2023 | Regular Session

Note: Carry Foward to future SB1495

Status

Spectrum: Moderate Partisan Bill (Democrat 8-1)
Status: Introduced on January 25 2023 - 25% progression, died in committee
Action: 2023-02-08 - Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
Pending: Senate Ways and Means Committee
Text: Latest bill text (Amended) [HTML]

Summary

Clarifies requirements for film productions with production expenditures of $1,000,000 or more claiming the motion picture, digital media, and film production income tax credit. Increases the annual cap from $50,000,000 to $75,000,000 for the total amount of the motion picture, digital media, and film production tax credit. Requires productions to meet certain local hire and local vendor quotas. Expands the definition of qualified production for the motion picture, digital media, and film production income tax credit to include streaming platforms. Takes effect 1/6/2050. (SD1)

Tracking Information

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Title

Relating To The Motion Picture, Digital Media, And Film Production Income Tax Credit.

Sponsors


Roll Calls

2023-02-02 - Senate - Senate Energy, Economic Development, and Tourism: Passed, With Amendments (Y: 5 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2023-02-08SenateReport adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
2023-02-08SenateReported from EET (Stand. Com. Rep. No. 77) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
2023-02-02SenateThe committee(s) on EET recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in EET were as follows: 5 Aye(s): Senator(s) DeCoite, Wakai, Fukunaga, Kim, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
2023-01-30SenateThe committee(s) on EET has scheduled a public hearing on 02-02-23 1:00PM; Conference Room 229 & Videoconference.
2023-01-30SenateReferred to EET, WAM.
2023-01-25SenatePassed First Reading.
2023-01-25SenateIntroduced.

Same As/Similar To

SB1495 (Carry Over) 2023-02-08 - Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
HB1494 (Same As) 2023-01-30 - Referred to ECD, FIN, referral sheet 3

Hawaii State Sources


Bill Comments

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