Hawaii HB1939 amends the motion picture, digital media, and film production income tax credit to adjust the credit amount and local hire requirements.

Hawaii HB1939 modifies the motion picture, digital media, and film production income tax credit by adjusting the credit amount and local hire requirements. The bill specifies that the credit is equal to 22% of qualified production costs for counties with a population over 700,000, or 27% for counties with a population of 700,000 or less. It also mandates that productions must have at least 80% local hires in the first two years, 82% in the third year, and 85% in the fifth year.

Hawaii HB1939 amends the motion picture, digital media, and film production income tax credit to adjust the credit amount and local hire requirements.

Hawaii HB1939 modifies the motion picture, digital media, and film production income tax credit by adjusting the credit amount and local hire requirements. The bill specifies that the credit is equal to 22% of qualified production costs for counties with a population over 700,000, or 27% for counties with a population of 700,000 or less. It also mandates that productions must have at least 80% local hires in the first two years, 82% in the third year, and 85% in the fifth year.