HI HB1309

Establishes digital media enterprise subzones as geographic areas within a specified radius of University of Hawaii campuses located in enterprise zones, with initial limitation to University of Hawaii-West Oahu through June 30, 2013.

Creates a digital media enterprise subzone workforce development tax credit equal to an unspecified percentage of wages paid to Hawaii resident animation and visual effects personnel by qualified businesses.

Requires qualified animation or visual effects businesses to have minimum qualified labor costs of $200,000 annually, provide evidence of hiring efforts for Hawaii residents, and maintain accurate employment records.

Defines "digital media" and "animation or visual effects" to include digital production work for motion pictures, television, commercials, music videos, and interactive games, excluding audio effects, in-camera effects, and promotional materials.

Renames the Hawaii Television and Film Development Board and Special Fund to the Hawaii Film Office Board and Special Fund, and establishes the fund to support film industry grant and venture capital investment programs.

Tax credit provisions expire June 30, 2021, with the digital media enterprise subzone definition and related tax credit provisions being fully repealed on that date.