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HB2037Introduced in the House

Relating To Taxation.

EngrossedSenate Economic Development and Technology

Introduced by Ikaika Hussey, District 29

What does this bill do?

Plain-English breakdown

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Official description

Increases the aggregate cap on credits allowed in any given year for the Motion Picture, Digital Media, and Film Production Income Tax Credit from $50,000,000 to $60,000,000. Extends the sunset of the tax credit to 1/1/2038. Applies to taxable years beginning after 12/31/2026. Repeals 1/1/2038. Effective 7/1/3000. (HD1)

Where it stands

Referred to EDT, WAM.

March 10, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

Bill history

  1. Pending introduction.

  2. Introduced and Pass First Reading.

  3. Referred to ECD, FIN, referral sheet 3

  4. Bill scheduled to be heard by ECD on Friday, 02-06-26 8:30AM in House conference room 423 VIA VIDEOCONFERENCE.

  5. The committee on ECD recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Ilagan, Hussey, Holt, Tam, Templo, Yamashita, Gedeon; Ayes with reservations: none; Noes: none; and Excused: none.

  6. Reported from ECD (Stand. Com. Rep. No. 293-26) as amended in HD 1, recommending passage on Second Reading and referral to FIN.

  7. Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Lee, M., Poepoe excused (3).

  8. Bill scheduled to be heard by FIN on Wednesday, 03-04-26 10:00AM in House conference room 308 VIA VIDEOCONFERENCE.

  9. The committee on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 16 Ayes: Representative(s) Todd, Takenouchi, Hartsfield, Hussey, Keohokapu-Lee Loy, Kitagawa, Kusch, Lee, M., Miyake, Morikawa, Perruso, Templo, Yamashita, Alcos, Gedeon, Reyes Oda; Ayes with reservations: none; Noes: none; and Excused: none.

  10. Reported from FIN (Stand. Com. Rep. No. 965-26), recommending passage on Third Reading.

  11. Passed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Perruso, Sayama excused (2). Transmitted to Senate.

  12. Received from House (Hse. Com. No. 179).

  13. Passed First Reading.

  14. Referred to EDT, WAM.

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