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HOUSE OF REPRESENTATIVES |
H.B. NO. |
2299 |
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THIRTIETH LEGISLATURE, 2020 |
H.D. 1 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO THE HAWAII FILM AND CREATIVE INDUSTRIES DEVELOPMENT SPECIAL FUND.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 201-113, Hawaii Revised Statutes, is amended to read as follows:
"§201-113 Hawaii film and creative industries
development special fund. (a) There is established in the state treasury the
Hawaii film and creative industries development special fund into which shall
be deposited:
(1) Appropriations by the legislature;
(2) Donations and contributions made by private individuals or organizations for deposit into the fund;
(3) Grants provided by governmental agencies or any other source; and
(4) Effective January
2, 2021, all revenues, fees, and charges from the processing of the motion
picture, digital media, and film production income tax credit pursuant to
section 235-17.
(b)
The fund shall be used by the [(A) The
grant shall be used exclusively for eligible Hawaii projects;] department
to provide for:
(1) A program to provide seed capital for film, media, and creative industries intellectual property development projects for export, as determined by the department;
(2) Programs that expand the skills of the State's resident workforce in the film, media, and creative industries; and
(3) Marketing programs
that attract business opportunities within the film, media, and creative
industries in the State."
SECTION 2. There is appropriated out of the Hawaii film
and creative industries development special fund the sum of $
or so much thereof as may be necessary for fiscal year 2020-2021 for the
purposes of this fund.
The sum appropriated
shall be expended by the department of business, economic development, and
tourism for the purposes of this Act.
SECTION 3. Statutory material to be repealed is bracketed and stricken.
SECTION 4. This Act shall take effect on July 1, 2112.
Report Title:
Hawaii Film and Creative Industries Development Special Fund; Appropriation
Description:
Makes an appropriation out of the Hawaii Film and Creative Industries Development Special Fund. Makes a housekeeping, technical amendment to section 201-113, Hawaii Revised Statutes. Takes effect on 7/1/2112. (HD1)
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.