Hawaii HB1498 modernizes film and media production tax credits to attract and support high-quality productions.

Hawaii HB1498 aims to enhance the state's status as a premier destination for film, television, and digital media production by modernizing the tax credits. This bill increases the tax credits by five percent for productions meeting specific filming requirements at qualified production facilities. It also exempts certain costs from the general excise tax, such as employee wages and benefits for motion picture project employers and professional employer organizations.

Hawaii HB1498 modernizes film and media production tax credits to attract and support high-quality productions.

Hawaii HB1498 aims to enhance the state's status as a premier destination for film, television, and digital media production by modernizing the tax credits. This bill increases the tax credits by five percent for productions meeting specific filming requirements at qualified production facilities. It also exempts certain costs from the general excise tax, such as employee wages and benefits for motion picture project employers and professional employer organizations.