STAND. COM. REP. NO. 345

 

Honolulu, Hawaii

                  

 

RE:    S.B. No. 1058

       S.D. 1

 

 

 

Honorable Ronald D. Kouchi

President of the Senate

Thirty-First State Legislature

Regular Session of 2021

State of Hawaii

 

Sir:

 

     Your Committee on Energy, Economic Development, and Tourism, to which was referred S.B. No. 1058 entitled:

 

"A BILL FOR AN ACT RELATING TO THE HAWAII FILM AND CREATIVE INDUSTRIES DEVELOPMENT SPECIAL FUND,"

 

begs leave to report as follows:

 

     The purpose and intent of this measure is to expand the funding sources and the authorized uses of the Hawaii Film and Creative Industries Development Fund by:

 

     (1)  Amending the Hawaii Film and Creative Industries Development Special Fund to expand is funding sources and the authorized uses of the fund; and

 

     (2)  Making an appropriation out of the Hawaii Film and Creative Industries Development Special Fund.

 

     Your Committee received testimony in support of this measure from the Department of Business, Economic Development, and Tourism.

 

     Your Committee finds that Act 228, Session Laws of Hawaii 2019, renamed the Hawaii Television and Film Development Special Fund as the Creative Film and Media Development Special Fund and intended that the fund be used to support creative intellectual property and related infrastructure development.  Your Committee heard testimony from the Department of Business, Economic Development, and Tourism explaining that this measure would allow the revenues generated from its film facilities in Kalaeloa and on Diamond Head to be deposited into the Creative Film and Media Development Special Fund instead of the general fund.  Expanding the authorized uses of the funds will help the Department to effectuate the purposes of Act 228.

 

     Your Committee has amended this measure by making a technical, nonsubstantive amendment for the purposes of clarity and consistency.

 

     As affirmed by the record of votes of the members of your Committee on Energy, Economic Development, and Tourism that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 1058, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 1058, S.D. 1, and be referred to your Committee on Ways and Means.

 

Respectfully submitted on behalf of the members of the Committee on Energy, Economic Development, and Tourism,

 

 

 

________________________________

GLENN WAKAI, Chair