| Measure Title: | RELATING TO TAX CREDITS FOR THE FILM AND TELEVISION INDUSTRY. |
| Report Title: | Tax Credits for the Film and Television Industry |
| Description: | Increases the existing 4% tax credit on Hawaii production expenditures up to 15% for productions on Oahu and 20% for productions on the Neighbor Islands. Expands the definition of qualified productions to include commercials and digital media productions. Prohibits qualification for both the production expenditure tax credit and the investment tax credit, in a given year. Sets a minimum Hawaii production spending requirement of $200,000 for productions to qualify for the credit. Caps claims at $7 million per year per production. |
| Package: | Governor |
| Companion: | HB607 |
| Introducer(s): | BUNDA (BR) |
| Current Referral: | MAT, WAM |
| Date | Status Text | |
|---|---|---|
| 1/24/2005 | S | Introduced. |
| 1/26/2005 | S | Passed First Reading. |
| 1/31/2005 | S | Referred to MAT, WAM. |
| 2/1/2005 | S | The committee on MAT has scheduled a public hearing on 02-03-05 at 1:15 pm in conference room 225. |
| 2/3/2005 | S | The measure is deferred. |
| 2/11/2005 | S | The committee(s) on MAT will hold a public decision making on 02-15-05 at 1:15 pm in conference room 225. |
| 2/15/2005 | S | The committee(s) on MAT recommend(s) that the measure be HELD. The votes in MAT were as follows: 4 Aye(s): Senator(s) Fukunaga, Ige, Ihara, Hogue; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) English. |
| 12/2/2005 10:33:01 AM | D | Carried over to 2006 Regular Session. |
$ = Appropriation measure
ConAm = Constitutional Amendment