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HI HB799
Bill
Status
4/9/2013
Primary Sponsor
Joseph Souki
Click for details
AI Summary
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Establishes a workforce development training program administered by the Department of Labor and Industrial Relations that provides 50% wage reimbursement for on-the-job training to newly hired employees of motion picture, digital media, television, and film production entities.
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Expands the definition of "digital media" by removing the exclusion for Internet-only distribution, allowing more production types to qualify for tax credits.
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Clarifies that qualified production costs exclude state and county facility and location fees that are not subject to general excise tax or income tax.
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Extends the sunset date of the motion picture, digital media, and film production income tax credit from January 1, 2016 to January 1, 2025.
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Requires the Department of Business, Economic Development, and Tourism to submit annual reports to the legislature detailing tax credit administration costs and cumulative tax credits granted for each qualified production.
Legislative Description
Creative Media Development; Tax Credit; Workforce Development Training Program; Appropriation ($)
Last Action
Received notice of discharge of conferees (Hse. Com. No. 41).
2/19/2014