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Relating to Film and Digital Media Industry Development.

It became law on Jul 11, 2017.

HI HB 423 · House Bill · 2017 Regular Session

Stage
Became law
Started in
House
Sponsors
15
Latest action
Jul 11, 2017

What it does

Amends the qualifications a production must meet in order to claim the credit. Caps the annual amount of tax credits that may be claimed at $35,000,000. Extends the sunset date to January 1, 2026. Requires DBEDT to submit an annual report to the Legislature regarding the activities and expenditures of the tax credit. Clarifies that no rule shall be adopted to expand the scope of the tax credit where the rule conflicts with legislative intent. Requires certain film productions claiming the tax credit to hire an independent third party certification of qualified production costs eligible for the credit. Requires DBEDT, in collaboration with DOTAX, to submit to the Governor and the Legislature…

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Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Jul 11, 2017

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

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Where it goes next

Once a bill is decided, the questions are about what is done with it in Hawaii.

Work with this bill

RELATING TO FILM AND DIGITAL MEDIA INDUSTRY DEVELOPMENT. | 52