Informing the Legislature that on July 2, 2024, the Governor signed the following bill into law: SB795 SD2 HD1 CD1 (ACT 169).

This bill is a procedural document that informs the Hawaii Legislature that Governor Josh Green signed Act 169 into law on July 2, 2024. The actual policy change, found within Act 169, updates the requirements for film and television production tax credits in the state. To qualify for the credit, productions must now meet specific criteria, such as spending at least $100,000, providing evidence of hiring local talent, and demonstrating efforts to source products and services within Hawaii. The law also requires producers to respond to tax department inquiries within 90 days and allows for a 30-day grace period to correct any compliance issues. These new rules are set to take effect on January 1, 2025.