HI HB1314

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

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

Requires taxpayers be given notice of and an opportunity to cure any failure to meet the tax credit requirements.

Clarifies that the opportunity to cure provision does not waive any requirement or extend the time to perform any act required in the statute.

Effective June 30, 3000.