2022 Archives
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Measure Title: RELATING TO TAXES.
Report Title: Motion Picture, Digital Media, and Film Production Income Tax Credit; Loan-out Companies; Qualified Productions; Qualified Production Costs; Withholdings; Appropriation ($)
Description: 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)
Companion:  SB2079
Package: None
Current Referral: EET, WAM
Introducer(s): QUINLAN, BRANCO, HASHIMOTO, ICHIYAMA, ILAGAN, MARTEN, MCKELVEY, MORIKAWA, NAKAMURA, NAKASHIMA, ONISHI, TAKAYAMA, TARNAS, TODD
Act: 217

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6/27/2022HAct 217, on 06/27/2022 (Gov. Msg. No. 1318).
6/27/2022SAct 217, 06/27/2022 (Gov. Msg. No. 1318).
5/4/2022HTransmitted to Governor.
5/5/2022SReceived notice of passage on Final Reading in House (Hse. Com. No. 824).
5/3/2022HReceived notice of Final Reading (Sen. Com. No. 946).
5/3/2022HPassed Final Reading as amended in CD 1 with none voting aye with reservations; none voting no (0) and none excused (0).
5/3/2022SPassed Final Reading, as amended (CD 1). Ayes, 25; Aye(s) with reservations: none . 0 No(es): none. 0 Excused: none.
4/29/2022S48 Hrs. Notice (as amended CD 1) 05-03-22.
4/29/2022SReported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 121-22).
4/29/2022HForty-eight (48) hours notice Tuesday 05-03-22.
4/29/2022HReported from Conference Committee (Conf Com. Rep. No. 121-22) as amended in (CD 1).
4/29/2022SThe 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.
4/29/2022HThe 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.
4/28/2022HConference Committee Meeting will reconvene on Friday 04-29-22 10:30AM in conference room 325.
4/27/2022HConference Committee Meeting will reconvene on Thursday 04-28-22 10:30AM in conference room 325.
4/25/2022HConference Committee Meeting will reconvene on Wednesday 04-27-22 10:30AM in conference room 325.
4/22/2022HBill scheduled for Conference Committee Meeting on Monday, 04-25-22 10:30AM in conference room 325.
4/19/2022SReceived notice of appointment of House conferees (Hse. Com. No. 718).
4/18/2022HHouse Conferees Appointed: Quinlan, Holt Co-Chairs; D. Kobayashi, Okimoto.
4/18/2022HReceived notice of Senate conferees (Sen. Com. No. 872).
4/18/2022SSenate Conferees Appointed: Wakai Chair; Keith-Agaran Co-Chair; Riviere, Fevella.
4/18/2022SReceived notice of disagreement (Hse. Com. No. 715).
4/14/2022HHouse disagrees with Senate amendment (s).
4/12/2022HReturned from Senate (Sen. Com. No. 813) in amended form (SD 2).
4/12/2022SReport adopted; Passed Third Reading, as amended (SD 2). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
4/8/2022S48 Hrs. Notice 04-12-22.
4/8/2022SReported from WAM (Stand. Com. Rep. No. 3937) with recommendation of passage on Third Reading, as amended (SD 2).
4/5/2022SThe 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.
4/1/2022SThe committee(s) on WAM will hold a public decision making on 04-05-22 10:15AM; Conference Room 211 & Videoconference.
3/23/2022SReport adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
3/23/2022SReported from EET (Stand. Com. Rep. No. 3328) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
3/14/2022SThe 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.
3/11/2022SThe committee(s) on EET has scheduled a public hearing on 03-14-22 3:00PM; Conference Room 224 & Videoconference.
3/11/2022SReferred to EET, WAM.
3/10/2022SPassed First Reading.
3/10/2022SReceived from House (Hse. Com. No. 291).
3/8/2022HPassed Third Reading as amended in HD 2 with none voting aye with reservations; none voting no (0) and none excused (0). Transmitted to Senate.
3/4/2022HForty-eight (48) hours notice Tuesday, 03-08-22.
3/4/2022HReported from FIN (Stand. Com. Rep. No. 992-22) as amended in HD 2, recommending passage on Third Reading.
2/28/2022HThe 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.
2/25/2022HBill scheduled to be heard by FIN on Monday, 02-28-22 11:00AM in House conference room 308 Via Videoconference.
2/18/2022HPassed 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).
2/18/2022HReported from ECD (Stand. Com. Rep. No. 562-22) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
2/11/2022HThe 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.
2/8/2022HBill scheduled to be heard by ECD on Friday, 02-11-22 10:00AM in House conference room 312 Via Videoconference.
1/28/2022HReferred to ECD, FIN, referral sheet 3
1/26/2022HIntroduced and Pass First Reading.
1/24/2022HPending introduction.

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

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HB1982 HD2 SD2 CD1

Committee Reports
HB1982_HD1_HSCR562-22_ Pdf File
HB1982_HD2_HSCR992-22_ Pdf File
HB1982_SD1_SSCR3328_ Pdf File
HB1982_SD2_SSCR3937_ Pdf File
HB1982_CD1_CCR121-22_ Pdf File

Testimony
HB1982_TESTIMONY_ECD_02-11-22_
HB1982_HD1_TESTIMONY_FIN_02-28-22_
HB1982_HD2_TESTIMONY_EET_03-14-22_
HB1982_SD1_TESTIMONY_WAM_04-05-22_

Hearing Notices
ECD
2/11/22 10:00A
312 Via Videoconference
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FIN
2/28/22 11:00A
308 Via Videoconference
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EET
3/14/22 3:00P
CR 224 & Videoconference
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WAM
4/05/22 10:15A
CR 211 & Videoconference
View
CONF
4/25/22 10:30A
325
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CONF
4/27/22 10:30A
325
View
CONF
4/28/22 10:30A
325
View
CONF
4/29/22 10:30A
325
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