HI HB1436

Amends Section 235-17 of Hawaii Revised Statutes to add transparency requirements for the motion picture, digital media, and film production income tax credit program.

Requires the Department of Business, Economic Development, and Tourism (DBEDT) to publish on its website the names of qualified productions and the amount of tax credits certified per qualified production per filing year.

Maintains existing DBEDT requirements to record taxpayer names, track aggregate qualified production costs, and provide letters to the Director of Taxation specifying tax credit amounts.

Continues requirement for DBEDT to submit detailed reports to the legislature before each regular session, itemizing qualified production costs by taxpayer in redacted format including dollar amounts, company names, and production names.

Applies to taxable years beginning after December 31, 2022.