HI HB1982 | 2022 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 14-0)
Status: Passed on June 27 2022 - 100% progression
Action: 2022-06-27 - Act 217, on 06/27/2022 (Gov. Msg. No. 1318).
Text: Latest bill text (Amended) [HTML]

Summary

Beginning 1/1/2023, requires every person making payment to a loan-out company and claiming the motion picture, digital media, and film production income tax credit to withhold and remit to DOTAX a portion of all payments to the loan-out company; increases the amount of the tax credit; amends the requirements to claim the tax credit, including reducing the amount of qualified productions costs; removes the requirement for productions to submit a verification review by a qualified certified public accountant when applying for the tax credit; requires the report by DBEDT to include the dollar amount claimed, name of the company, and name of the qualified production of the taxpayer; changes the time frame for DBEDT to issue a letter to the taxpayer claiming the tax credit; increases the cap of the claimable amount of the tax credit; requires taxpayers to submit a fee to DBEDT; and clarifies the definition of "qualified production costs". Extends the period during which excess income tax credits may be claimed to 12/31/2032. Authorizes, and appropriates funds for, DOTAX to establish 2 full-time equivalent tax auditor positions. Requires, and appropriates funds for, DBEDT to establish 1 full-time equivalent program specialist position. (CD1)

Tracking Information

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Title

Relating To Taxes.

Sponsors


Roll Calls

2022-04-29 - Senate - Senate Conference: Passed, With Amendments (Y: 4 N: 0 NV: 0 Abs: 0) [PASS]
2022-04-29 - House - House Conference: Passed, With Amendments (Y: 4 N: 0 NV: 0 Abs: 0) [PASS]
2022-04-05 - Senate - Senate Ways and Means: Passed, With Amendments (Y: 11 N: 0 NV: 0 Abs: 0) [PASS]
2022-03-14 - Senate - Senate Energy, Economic Development, and Tourism: Passed, With Amendments (Y: 5 N: 0 NV: 0 Abs: 0) [PASS]
2022-02-28 - House - House Finance: Passed, With Amendments (Y: 14 N: 0 NV: 0 Abs: 1) [PASS]
2022-02-11 - House - House Economic Development: Passed, With Amendments (Y: 8 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2022-06-27HouseAct 217, on 06/27/2022 (Gov. Msg. No. 1318).
2022-06-27SenateAct 217, 06/27/2022 (Gov. Msg. No. 1318).
2022-05-04HouseTransmitted to Governor.
2022-05-05SenateReceived notice of passage on Final Reading in House (Hse. Com. No. 824).
2022-05-03HouseReceived notice of Final Reading (Sen. Com. No. 946).
2022-05-03HousePassed Final Reading as amended in CD 1 with none voting aye with reservations; none voting no (0) and none excused (0).
2022-05-03SenatePassed Final Reading, as amended (CD 1). Ayes, 25; Aye(s) with reservations: none . 0 No(es): none. 0 Excused: none.
2022-04-29Senate48 Hrs. Notice (as amended CD 1) 05-03-22.
2022-04-29SenateReported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 121-22).
2022-04-29HouseForty-eight (48) hours notice Tuesday 05-03-22.
2022-04-29HouseReported from Conference Committee (Conf Com. Rep. No. 121-22) as amended in (CD 1).
2022-04-29SenateThe Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. The votes of the Senate Conference Managers were as follows: 4 Aye(s): Senator(s) Wakai, Keith-Agaran, Riviere, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
2022-04-29HouseThe Conference Committee recommends that the measure be Passed, with Amendments. The votes were as follows: 4 Ayes: Representative(s) Quinlan, Holt, D. Kobayashi, Okimoto; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none.
2022-04-28HouseConference Committee Meeting will reconvene on Friday 04-29-22 10:30AM in conference room 325.
2022-04-27HouseConference Committee Meeting will reconvene on Thursday 04-28-22 10:30AM in conference room 325.
2022-04-25HouseConference Committee Meeting will reconvene on Wednesday 04-27-22 10:30AM in conference room 325.
2022-04-22HouseBill scheduled for Conference Committee Meeting on Monday, 04-25-22 10:30AM in conference room 325.
2022-04-19SenateReceived notice of appointment of House conferees (Hse. Com. No. 718).
2022-04-18HouseHouse Conferees Appointed: Quinlan, Holt Co-Chairs; D. Kobayashi, Okimoto.
2022-04-18HouseReceived notice of Senate conferees (Sen. Com. No. 872).
2022-04-18SenateSenate Conferees Appointed: Wakai Chair; Keith-Agaran Co-Chair; Riviere, Fevella.
2022-04-18SenateReceived notice of disagreement (Hse. Com. No. 715).
2022-04-14HouseHouse disagrees with Senate amendment (s).
2022-04-12HouseReturned from Senate (Sen. Com. No. 813) in amended form (SD 2).
2022-04-12SenateReport adopted; Passed Third Reading, as amended (SD 2). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
2022-04-08Senate48 Hrs. Notice 04-12-22.
2022-04-08SenateReported from WAM (Stand. Com. Rep. No. 3937) with recommendation of passage on Third Reading, as amended (SD 2).
2022-04-05SenateThe committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 11 Aye(s): Senator(s) Dela Cruz, Keith-Agaran, Inouye, Kanuha, Kidani, Misalucha, Moriwaki, Shimabukuro, Taniguchi, Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
2022-04-01SenateThe committee(s) on WAM will hold a public decision making on 04-05-22 10:15AM; Conference Room 211 & Videoconference.
2022-03-23SenateReport adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
2022-03-23SenateReported from EET (Stand. Com. Rep. No. 3328) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
2022-03-14SenateThe 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) Wakai, Misalucha, Lee, Riviere, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
2022-03-11SenateThe committee(s) on EET has scheduled a public hearing on 03-14-22 3:00PM; Conference Room 224 & Videoconference.
2022-03-11SenateReferred to EET, WAM.
2022-03-10SenatePassed First Reading.
2022-03-10SenateReceived from House (Hse. Com. No. 291).
2022-03-08HousePassed Third Reading as amended in HD 2 with none voting aye with reservations; none voting no (0) and none excused (0). Transmitted to Senate.
2022-03-04HouseForty-eight (48) hours notice Tuesday, 03-08-22.
2022-03-04HouseReported from FIN (Stand. Com. Rep. No. 992-22) as amended in HD 2, recommending passage on Third Reading.
2022-02-28HouseThe committees on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 14 Ayes: Representative(s) Luke, Yamashita, Branco, Eli, Ilagan, B. Kobayashi, Marten, Nishimoto, Perruso, Sayama, Tam, Todd, Wildberger, McDermott; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Holt.
2022-02-25HouseBill scheduled to be heard by FIN on Monday, 02-28-22 11:00AM in House conference room 308 Via Videoconference.
2022-02-18HousePassed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Eli, Kapela excused (2).
2022-02-18HouseReported from ECD (Stand. Com. Rep. No. 562-22) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
2022-02-11HouseThe committees on ECD recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 8 Ayes: Representative(s) Quinlan, Holt, Belatti, D. Kobayashi, Onishi, Sayama, Takayama, Okimoto; Ayes with reservations: none; Noes: none; and Excused: none.
2022-02-08HouseBill scheduled to be heard by ECD on Friday, 02-11-22 10:00AM in House conference room 312 Via Videoconference.
2022-01-28HouseReferred to ECD, FIN, referral sheet 3
2022-01-26HouseIntroduced and Pass First Reading.
2022-01-24HousePending introduction.

Same As/Similar To

SB2079 (Same As) 2022-02-01 - Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

Subjects


Hawaii State Sources


Bill Comments

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