STAND. COM. REP. NO.  644

Honolulu, Hawaii

                , 2017

RE:   H.B. No. 1039

      H.D. 1

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Ninth State Legislature

Regular Session of 2017

State of Hawaii

Sir:

     Your Committee on Economic Development & Business, to which was referred H.B. No. 1039 entitled:

"A BILL FOR AN ACT RELATING TO FUNDING FOR CREATIVE MEDIA AND FILM DEVELOPMENT,"

begs leave to report as follows:

The purpose of this measure is to rename the Hawaii Television and Film Development Special Fund to the Creative Media and Film Infrastructure Special Fund and to increase its sources of revenue to enable the Department of Business, Economic Development, and Tourism to:

     (1)  Operate and maintain the Hawaii Film Studio;

     (2)  Support new infrastructure development;

(3)  Support programs and initiatives for creative media industry development; and

(4)  Support programs that expand the skill sets of Hawaii's resident workforce in the creative media and film industries.

The Department of Business, Economic Development, and Tourism, County of Kauai Office of Economic Development, and Island Film Group supported this bill.

     Your Committee has amended this measure by changing its effective date to July 1, 2038, to facilitate further discussion.

     As affirmed by the record of votes of the members of your Committee on Economic Development & Business that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1039, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 1039, H.D. 1, and be referred to your Committee on Finance.

Respectfully submitted on behalf of the members of the Committee on Economic Development & Business,

____________________________

MARK M. NAKASHIMA, Chair