THE SENATE
THE TWENTY-SEVENTH LEGISLATURE
REGULAR SESSION OF 2013

COMMITTEE ON TECHNOLOGY AND THE ARTS
Senator Glenn Wakai, Chair
Senator Clarence K. Nishihara, Vice-Chair

MEASURES DEFERRED TO THURSDAY, FEBRUARY 14, 2013

DATE:

Thursday, February 14, 2013

TIME:

1:20 PM

PLACE:

Conference Room 414
State Capitol
415 South Beretania Street

DECISION MAKING ON THE FOLLOWING MEASURE(S):

SB463
Status and Testimony

RELATING TO FILM AND DIGITAL MEDIA INDUSTRY DEVELOPMENT.
Extends the motion picture, digital media, and film production income tax credit from 01/01/2016 to 01/01/2023.  Repeals the credit ceiling per qualified production.  Increases in the credit amount from 15% to 20% in a county with a population over 700,000, and from 20% to 25% in a county with a population of 700,000 or less.

EGH/TEC, WAM

SB519
Status and Testimony

RELATING TO MOTION PICTURES, DIGITAL MEDIA, AND FILM PRODUCTION.
Extends the repeal date of Act 88, SLH 2006, from 01/01/2016, to 01/01/2021.  Extends tax credits for qualified film production costs incurred before 01/01/2021.

EGH/TEC, WAM

SB750
Status and Testimony

RELATING TO DIGITAL MEDIA INFRASTRUCTURE.
Establishes an income tax credit for qualified media infrastructure projects.

EGH/TEC, WAM

SB736
Status and Testimony

RELATING TO ECONOMIC DEVELOPMENT.
Extends the tax credit for qualified research activities for an additional five years.  Clarifies the method of calculating the tax credit.  Amends the definition of "qualified high technology business".  Repeals existing certification requirements and establishes new reporting requirements.  Requires the department of business, economic development, and tourism to conduct studies to measure the effectiveness of the tax credit and submit reports to the legislature.

EGH/TEC, WAM

SB1349
Status and Testimony

RELATING TO ECONOMIC DEVELOPMENT.
Re-enacts the tax credit for qualified research activities to apply to taxable years from 2010 to 2015.  Amends the definitions of "qualified high technology business" and "qualified research".  Establishes new reporting requirements.  Requires the department of taxation to conduct studies to measure the effectiveness of the tax credit and submit reports to the legislature.

EGH/TEC, WAM

No testimony will be accepted.

FOR AMENDED NOTICES:  Measures that have been deleted are stricken through and measures that have been added are underscored.  If a measure is both underscored and stricken through, that measure has been deleted from the agenda.

FOR FURTHER INFORMATION, PLEASE CONTACT THE COMMITTEE CLERK AT 808-586-8585.