Measure Title: RELATING TO THE MOTION PICTURE, DIGITAL MEDIA, AND FILM PRODUCTION INCOME TAX CREDIT.
Report Title: Motion Picture, Digital Media, and Film Production Income Tax Credit
Description: 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)
Companion:  HB1494
Package: None
Current Referral: EET, WAM
Introducer(s): DECOITE, AQUINO, AWA, CHANG, MCKELVEY, Kim, San Buenaventura, Shimabukuro, Wakai
Act:

Sort by Date Status Text
12/11/2023DCarried over to 2024 Regular Session.
2/8/2023SReport adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
2/8/2023SReported from EET (Stand. Com. Rep. No. 77) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
2/2/2023SThe 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.
1/30/2023SThe committee(s) on EET has scheduled a public hearing on 02-02-23 1:00PM; Conference Room 229 & Videoconference.
1/30/2023SReferred to EET, WAM.
1/25/2023SPassed First Reading.
1/25/2023SIntroduced.

S = Senate | H = House | D = Data Systems | $ = Appropriation measure | ConAm = Constitutional Amendment

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SB1495 SD1
All Versions of this Measure
SB1495_SD1 Pdf File
SB1495 Pdf File
Committee Reports
SB1495_SD1_SSCR77_ Pdf File
Testimony
SB1495_TESTIMONY_EET_02-02-23_
Hearing Notices
EET
2/02/23 1:00P
CR 229 & Videoconference