HI SB1495 | 2023 | Regular Session
Note: Carry Foward to future SB1495
Status
Spectrum: Moderate Partisan Bill (Democrat 8-1)
Status: Introduced on January 25 2023 - 25% progression, died in committee
Action: 2023-02-08 - Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
Pending: Senate Ways and Means Committee
Text: Latest bill text (Amended) [HTML]
Status: Introduced on January 25 2023 - 25% progression, died in committee
Action: 2023-02-08 - Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
Pending: Senate Ways and Means Committee
Text: Latest bill text (Amended) [HTML]
Summary
Clarifies requirements for film productions with production expenditures of $1,000,000 or more claiming the motion picture, digital media, and film production income tax credit. Increases the annual cap from $50,000,000 to $75,000,000 for the total amount of the motion picture, digital media, and film production tax credit. Requires productions to meet certain local hire and local vendor quotas. Expands the definition of qualified production for the motion picture, digital media, and film production income tax credit to include streaming platforms. Takes effect 1/6/2050. (SD1)
Title
Relating To The Motion Picture, Digital Media, And Film Production Income Tax Credit.
Sponsors
Roll Calls
2023-02-02 - Senate - Senate Energy, Economic Development, and Tourism: Passed, With Amendments (Y: 5 N: 0 NV: 0 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2023-02-08 | Senate | Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM. |
2023-02-08 | Senate | Reported from EET (Stand. Com. Rep. No. 77) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM. |
2023-02-02 | Senate | The committee(s) on EET recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in EET were as follows: 5 Aye(s): Senator(s) DeCoite, Wakai, Fukunaga, Kim, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none. |
2023-01-30 | Senate | The committee(s) on EET has scheduled a public hearing on 02-02-23 1:00PM; Conference Room 229 & Videoconference. |
2023-01-30 | Senate | Referred to EET, WAM. |
2023-01-25 | Senate | Passed First Reading. |
2023-01-25 | Senate | Introduced. |
Same As/Similar To
SB1495 (Carry Over) 2023-02-08 - Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
HB1494 (Same As) 2023-01-30 - Referred to ECD, FIN, referral sheet 3
HB1494 (Same As) 2023-01-30 - Referred to ECD, FIN, referral sheet 3