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HI SB1029

Bill

Status

Introduced

1/24/2013

Primary Sponsor

Donna Kim

Click for details

Origin

Senate

2013 Regular Session

AI Summary

  • Amends Hawaii's motion picture, television, and digital media tax credit statute to include television and digital media production in the section title.

  • Removes the exclusion for Internet-only distribution from the definition of "commercial" advertising productions, allowing such productions to qualify for tax credits.

  • Increases the maximum tax credit cap per qualified production from $8,000,000 to $12,000,000.

  • Clarifies that qualified production costs exclude state and county facility and location fees that are not subject to Hawaii general excise tax or state income tax.

  • Extends the sunset date for the tax credit program from January 1, 2016 to January 1, 2025.

Legislative Description

Creative Media Development; Tax Credit

Last Action

The committee on EGH deferred the measure.

2/8/2013

Committee Referrals

Economic Development, Government Operations and Housing1/24/2013

Full Bill Text

No bill text available