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HI HB1314

Bill

Status

Introduced

1/25/2023

Primary Sponsor

Lisa Kitagawa

Click for details

Origin

House of Representatives

2023 Regular Session

AI Summary

  • Amends Section 235-17, Hawaii Revised Statutes, to modify qualification requirements for the motion picture, digital media, and film production income tax credit.

  • Changes requirement from "be compliant" to "provide evidence of reasonable efforts to comply" with all applicable requirements under title 14, including tax return filing and payments.

  • Adds provision requiring taxpayers to receive notice and an opportunity to cure any failure to meet the tax credit requirements.

  • Clarifies that nothing in the subsection waives any requirement or extends the time to perform any act required in the section.

  • Effective date: June 30, 3000.

Legislative Description

Relating To Taxes.

Motion Picture, Digital Media, and Film Production Income Tax Credit

Last Action

Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and none excused (0).

2/15/2023

Committee Referrals

Finance2/15/2023
Economic Development1/30/2023

Full Bill Text

No bill text available