Lynn DeCoite
- Democratic
- Senator
- District 7
Primary
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)
Carried over to 2024 Regular Session.
Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
Reported from EET (Stand. Com. Rep. No. 77) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
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.
The committee(s) on EET has scheduled a public hearing on 02-02-23 1:00PM; Conference Room 229 & Videoconference.
Referred to EET, WAM.
Passed First Reading.
Introduced.
| Bill Text Versions | Format |
|---|---|
| SB1495 |
| Document | Format |
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| No related documents. |
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