SB618 amends Hawaii tax credit procedures for qualified productions.

SB618 modifies the Department of Business, Economic Development, and Tourism's responsibilities regarding tax credits for qualified productions. The bill requires the department to maintain records of taxpayers and productions, obtain and total production costs, and provide itemized letters to taxpayers. It also mandates the director of taxation to specify tax credit amounts and publish them on the department's website. The bill repeals certain statutory material and applies upon approval.

SB618 amends Hawaii tax credit procedures for qualified productions.

SB618 modifies the Department of Business, Economic Development, and Tourism's responsibilities regarding tax credits for qualified productions. The bill requires the department to maintain records of taxpayers and productions, obtain and total production costs, and provide itemized letters to taxpayers. It also mandates the director of taxation to specify tax credit amounts and publish them on the department's website. The bill repeals certain statutory material and applies upon approval.