HI HB1499

Authorizes the director of finance to issue $4,000,000 in general obligation bonds for design and construction of a second film stage on Oahu.

Appropriates $245,000 from general revenues for fiscal year 2011-2012 to create five full-time equivalent positions in the creative industries division, including a branch manager, economic development specialists, and secretarial staff.

Appropriates $600,000 from general revenues for fiscal year 2011-2012 for creative industries division operations, including $150,000 for studio repairs and maintenance, $300,000 for arts and culture programs, and $150,000 for a digital media production center Phase II.

Appropriates $850,000 from general revenues to the Hawaii television and film development special fund and authorizes expenditure of that same amount for purposes under Hawaii Revised Statutes section 201-113.

Effective date of July 1, 2011.