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HB2568Introduced in the House

Relating To The Film Industry.

IntroducedHouse Finance

Introduced by Daniel Holt, District 28

What does this bill do?

Plain-English breakdown

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Official description

Increases the fee amount collected from taxpayers claiming the Motion Picture, Digital Media, and Film Production Income Tax Credit and requires a portion of funds collected to be used to support the vertical film industry in the State. Expands the funding sources of the Hawaii Film and Creative Industries Development Special Fund to include revenues received by the Department of Business, Economic Development, and Tourism from managing the Hawaii Film Studio. Applies to taxable years beginning after 12/31/2026. Repeals 1/1/2033. Effective 7/1/3000. (HD1)

Where it stands

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 none excused (0).

February 19, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

Bill history

  1. Introduced and Pass First Reading.

  2. Referred to ECD, FIN, referral sheet 6

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

  4. 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.

  5. Reported from ECD (Stand. Com. Rep. No. 512-26) as amended in HD 1, recommending passage on Second Reading and referral to FIN.

  6. 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 none excused (0).

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