Senate Bills Survive First Crossover
The Senate bills below survived the first crossover today and were sent over to the House. It appears that HB1590, HD2 (the House version of the refundable production tax credit) hasn't been voted on yet--will keep you posted.
1. SB541, SD2 - Increases refundable production tax credit to 15-20%; provides additional wage reimbursement credit for below-the-line hires who are Hawaii residents; caps claims at $1 (formality to encourage further discussion); lowers minimum Hawaii spending requirement to $200K; expands eligibility to sound recordings, commercials, photographic print ads and magazine shoots, non-daily news programs; incorporates digital media, analog sound recordings, and educational support requirment for performing arts companies into Act 221 sections of statutes.
Votes: All senators voted to pass the measure except for Senator Gordon Trimble (no) and Senator Les Ihara (excused).
Full text of SB541, SD2
2. SB1304, SD2 - Appropriates an unnamed sum to the Television & Film Development Special Fund for the creation of grant and loan programs for local filmmakers; sets guidelines for adminstration of such programs through Television & Film Development Board.
Votes: All senators voted to pass the measure except for Senator Les Ihara (excused).
Full text of SB1304, SD2
WHAT NEXT?: These bills will be reviewed in House committee hearings, probably by the TAC, EDB, and FIN committees. Write your testimonies now and have them ready to go because a hearing can be announced anytime--even as soon as the end of this week. I'll keep you posted as hearings are announced and let you know how to submit your testimonies.
1. SB541, SD2 - Increases refundable production tax credit to 15-20%; provides additional wage reimbursement credit for below-the-line hires who are Hawaii residents; caps claims at $1 (formality to encourage further discussion); lowers minimum Hawaii spending requirement to $200K; expands eligibility to sound recordings, commercials, photographic print ads and magazine shoots, non-daily news programs; incorporates digital media, analog sound recordings, and educational support requirment for performing arts companies into Act 221 sections of statutes.
Votes: All senators voted to pass the measure except for Senator Gordon Trimble (no) and Senator Les Ihara (excused).
Full text of SB541, SD2
2. SB1304, SD2 - Appropriates an unnamed sum to the Television & Film Development Special Fund for the creation of grant and loan programs for local filmmakers; sets guidelines for adminstration of such programs through Television & Film Development Board.
Votes: All senators voted to pass the measure except for Senator Les Ihara (excused).
Full text of SB1304, SD2
WHAT NEXT?: These bills will be reviewed in House committee hearings, probably by the TAC, EDB, and FIN committees. Write your testimonies now and have them ready to go because a hearing can be announced anytime--even as soon as the end of this week. I'll keep you posted as hearings are announced and let you know how to submit your testimonies.
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posted by mynette at
4:35 PM
