HI HB1328

Extends the sunset date of the Motion Picture, Digital Media, and Film Production Income Tax Credit from January 1, 2019 to January 1, 2024.

Modifies qualified production requirements to allow productions to satisfy the state promotion requirement through either a shared-card, end-title screen credit or alternative marketing opportunities approved by the Department of Business, Economic Development, and Tourism.

Adds new requirement that productions provide evidence of reasonable efforts to secure comparable products or services within Hawaii when claiming costs for items acquired or rendered outside the state.

Requires taxpayers claiming the tax credit to submit a verification review by a qualified certified public accountant as part of their sworn statement to the Department of Business, Economic Development, and Tourism.

Requires the Department of Business, Economic Development, and Tourism to report to the legislature on approved alternative marketing opportunities and which production companies opted for the end-title screen credit instead.