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HI HB843

Bill

Official Source

Status

Introduced

1/27/2021

Primary Sponsor

Lauren Matsumoto

Click for details

Origin

House of Representatives

2022 Regular Session

AI Summary

  • Extends the sunset date for the motion picture, digital media, and film production income tax credit from December 31, 2025 to December 31, 2035.

  • Maintains the annual tax credit cap of $50,000,000, with excess credits applied to subsequent years.

  • Amends Section 235-17(l) of the Hawaii Revised Statutes to implement the 10-year extension.

  • Takes effect on July 1, 2021.

Legislative Description

Relating To Film Tax Credit Extension.

Last Action

Carried over to 2022 Regular Session.

12/10/2021

Committee Referrals

Economic Development1/29/2021

Full Bill Text

No bill text available