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HI HB904
Bill
Status
1/27/2021
Primary Sponsor
Scott Saiki
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AI Summary
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Expands funding sources for the Hawaii film and creative industries development special fund to include all grants, revenues, rents, fees, and charges from governmental agencies or other sources, not just grants.
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Changes effective date for motion picture, digital media, and film production income tax credit revenues to January 1, 2022 (previously January 1, 2021).
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Adds repair, maintenance, and operation of public facilities managed by the department as an authorized use of the fund, in addition to existing uses for seed capital, workforce development, and marketing programs.
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Appropriates $500,000 from the special fund for fiscal year 2021-2022 and $500,000 for fiscal year 2022-2023 to be expended by the Department of Business, Economic Development, and Tourism.
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Takes effect on July 1, 2050.
Legislative Description
Relating To The Hawaii Film And Creative Industries Development Special Fund.
Appropriation ($)
Last Action
Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Hashem excused (1).
2/17/2021