New Hawaii law raises tax credits for filmmakers - Hawaii News Now - KGMB and KHNL

New Hawaii law raises tax credits for filmmakers

Scene From Jurassic Park, Filmed in Hawaii Scene From Jurassic Park, Filmed in Hawaii

By ANITA HOFSCHNEIDER
Associated Press

HONOLULU (AP) - Hawaii Gov. Neil Abercrombie has signed a law increasing tax credits for filmmakers to help expand Hawaii's movie industry.

Abercrombie signed the measure last week boosting film tax credits from 20 to 25% in counties with fewer than 700,000 people.

The law also raises tax credits from 15 to 20% in counties like Honolulu with larger populations.

Movie productions will be able to claim a credit of up to $15 million after the law goes into effect on July 1.

Advocates of the measure have said it will help diversify Hawaii's economy and add jobs. But critics say there should be more tax relief for residents instead of movie producers.

Hawaii has been the site of popular films including The Descendants and The Hunger Games.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • Hawaii News Now headlinesNewsMore>>

  • Shame, fear: Survivors explain not reporting sexual assaults

    Shame, fear: Survivors explain not reporting sexual assaults

    Friday, September 21 2018 6:20 PM EDT2018-09-21 22:20:29 GMT
    Saturday, September 22 2018 11:15 AM EDT2018-09-22 15:15:56 GMT
    (AP Photo/Alex Brandon, File). FILE - In this Sept. 6, 2018 file photo, President Donald Trump's Supreme Court nominee, Brett Kavanaugh testifies before the Senate Judiciary Committee on Capitol Hill in Washington for the third day of his confirmation ...(AP Photo/Alex Brandon, File). FILE - In this Sept. 6, 2018 file photo, President Donald Trump's Supreme Court nominee, Brett Kavanaugh testifies before the Senate Judiciary Committee on Capitol Hill in Washington for the third day of his confirmation ...
    Survivors respond with fury to Trump's remarks on woman who accused court nominee of sexual assault.More >>
    Survivors respond with fury to Trump's remarks on woman who accused court nominee of sexual assault.More >>
  • Study of puzzling fossils confirms they came from an animal

    Study of puzzling fossils confirms they came from an animal

    Thursday, September 20 2018 2:18 PM EDT2018-09-20 18:18:23 GMT
    Saturday, September 22 2018 10:55 AM EDT2018-09-22 14:55:56 GMT
    (Ilya Bobrovskiy/Australian National University via AP). This undated photo provided by Ilya Bobrovskiy in September 2018 shows a Dickinsonia fossil from the White Sea area of Russia. The body is about 9 centimeters (3.5 inches) long. In a report relea...(Ilya Bobrovskiy/Australian National University via AP). This undated photo provided by Ilya Bobrovskiy in September 2018 shows a Dickinsonia fossil from the White Sea area of Russia. The body is about 9 centimeters (3.5 inches) long. In a report relea...
    Scientists say puzzling fossils from more than 500 million years ago are traces of an animal.More >>
    Scientists say puzzling fossils from more than 500 million years ago are traces of an animal.More >>
  • Bye bye bugs? Scientists fear non-pest insects are declining

    Bye bye bugs? Scientists fear non-pest insects are declining

    Thursday, September 20 2018 1:19 AM EDT2018-09-20 05:19:36 GMT
    Saturday, September 22 2018 10:55 AM EDT2018-09-22 14:55:53 GMT
    (AP Photo/Don Ryan). FILE - In this May 26, 2010 file photo, a Coccinellidae, more commonly known as a ladybug or ladybird beetle, rests on the petals of a rose in Portland, Ore. A study estimates a 14 percent decline in ladybugs in the United States a...(AP Photo/Don Ryan). FILE - In this May 26, 2010 file photo, a Coccinellidae, more commonly known as a ladybug or ladybird beetle, rests on the petals of a rose in Portland, Ore. A study estimates a 14 percent decline in ladybugs in the United States a...

    Scientists are noticing fewer and fewer moths, ladybugs, fireflies and butterflies, but they can't quite quantify what's happening to flying insects because they never measured how many bugs there used to be.

    More >>

    Scientists are noticing fewer and fewer moths, ladybugs, fireflies and butterflies, but they can't quite quantify what's happening to flying insects because they never measured how many bugs there used to be.

    More >>
Powered by Frankly