REPORT TITLE:
Film Production Funding


DESCRIPTION:
Establishes the State of Hawaii film revolving fund within
DBED&T; and appropriates moneys for the fund for documentary film
productions relating to the Pacific region. (HB37 HD1)

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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HOUSE OF REPRESENTATIVES                H.B. NO.           H.D. 1
TWENTIETH LEGISLATURE, 1999                                
STATE OF HAWAII                                            
                                                             
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                   A  BILL  FOR  AN  ACT

RELATING TO FILM PRODUCTION FUNDING.


BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

 1      SECTION 1.  Chapter 201, Hawaii Revised Statutes, is amended
 
 2 by adding a new section to be appropriately designated and to
 
 3 read as follows:
 
 4      "§201-     State of Hawaii film revolving fund; established.
 
 5 There is established the State of Hawaii film revolving fund into
 
 6 which shall be deposited all moneys that may be appropriated by
 
 7 the legislature, received in repayment of loan principal, payment
 
 8 of interest, or fees, or that may be loaned or granted by the
 
 9 department of business, economic development, and tourism under
 
10 this section.  All moneys shall be used to fund and assist
 
11 independent filmmakers in Hawaii to produce films in the State,
 
12 and to attract independent filmmakers outside of Hawaii to
 
13 produce films in Hawaii using primarily local creative and
 
14 technical personnel, and from which the department may fund
 
15 Hawaii film projects under agreements with any state or county
 
16 agency or other organizations.  The department may use all
 
17 appropriations and other moneys in the revolving fund not
 
18 appropriated for a designated purpose to make grants or loans;
 
19 provided that at no time shall the department reallocate funds
 
20 from the loan program to the grant program so that insufficient
 
21 funds remain available to make loans."
 

 
Page 2                                                     37
                                     H.B. NO.           H.D. 1
                                                        
                                                        

 
 1      SECTION 2.  There is appropriated out of the general
 
 2 revenues of the State of Hawaii the sum of $1 or so much thereof
 
 3 as may be necessary for fiscal year 1999-2000 to be paid into the
 
 4 State of Hawaii film revolving fund created in this Act.
 
 5      SECTION 3.  There is appropriated out of the general
 
 6 revenues of the State of Hawaii the sum of $1 or so much thereof
 
 7 as may be necessary for fiscal year 1999-2000 to assist Hawaii-
 
 8 based film companies in the production of documentary films
 
 9 relating to the Pacific region.
 
10      SECTION 4.  The sums appropriated in sections 2 and 3 shall
 
11 be expended by the department of business, economic development,
 
12 and tourism for the purposes of this Act.
 
13      SECTION 4.  New statutory material is underscored.
 
14      SECTION 5.  This Act shall take effect on July 1, 1999.