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HI HB2568
Bill
Status
1/28/2026
Primary Sponsor
Daniel Holt
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AI Summary
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Increases the fee for claiming the motion picture, digital media, and film production income tax credit from 0.2% to 1% of the tax credit amount claimed
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Requires 80% of collected fees to be used specifically to support the vertical film industry in Hawaii, including set building, grants, training, workforce development, equipment access, and networking
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Expands the Hawaii Film and Creative Industries Development Special Fund to include revenues from the Department of Business, Economic Development, and Tourism's management of the Hawaii Film Studio
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Defines "vertical film" as video content shot in portrait orientation, taller than wide, intended for smartphone viewing
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Applies to taxable years beginning after December 31, 2026, with provisions set to repeal on January 1, 2033
Legislative Description
Relating To The Film Industry.
Fees
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).
2/19/2026