HI SB1133

Establishes digital media enterprise subzones within one-mile radius of University of Hawaii campuses located in existing enterprise zones to promote digital media industry development.

Creates a digital media infrastructure tax credit equal to an unspecified percentage of taxpayer base investment in qualified production and postproduction facilities, with annual cap of unspecified amount and carryforward period of up to 10 years.

Requires minimum base investment of $100,000 before July 1, 2012, and $250,000 after that date; taxpayer must receive department certification and investment expenditure certificate before claiming credit.

Restricts establishment of new subzones to one-mile radius of University of Hawaii-West Oahu campus from July 1, 2011 through June 30, 2013.

Sunsets the digital media enterprise subzone program and infrastructure tax credit on June 30, 2021; restores prior Hawaii film office special fund provisions effective July 1, 2021.