Our primary goal is to amend the current tax laws to incentivize and encourage movie and TV production in Hawaii, to generate jobs and increase revenue.
Vote 'yes' or 'like' our proposition here!
Establishes an assignable infrastructure tax credit of:
- 25% in counties with population over 700,000
- 40% in counties with population under 700,000
- $25mm cap
Provides for an increase to the income tax credit for qualified productions to:
- 35% for population over 700,000
- 40% for population under 700,000
- Remove tax credit caps
- Make assignable
- Provide an additional 5% bonus for special and visual effects and animation
Provides the State with a fee equal to ½ of 1 percent of the production spend for the administration, monitoring, auditing and certification of the tax credit with a cap of $75,000
Allows for purchases and rentals not available in Hawaii to qualify for the tax credit if obtained through a resident production services company
