STAND. COM. REP. NO. 605-20

Honolulu, Hawaii

, 2020

RE: H.B. No. 2299

H.D. 1

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirtieth State Legislature

Regular Session of 2020

State of Hawaii

Sir:

Your Committee on Economic Development & Business, to which was referred H.B. No. 2299 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 of this measure is to appropriate funds out of the Hawaii Film and Creative Industries Development Special Fund and make a housekeeping amendment relating to the 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 Hawaii Film and Creative Industries Development Special Fund and amended deposits into and uses of the fund. However, the Act did not include an appropriation into or out of the Special Fund, prohibiting the expenditure of any monies from the Special fund for various programs. Your Committee further finds that an appropriation out of the Hawaii Film and Creative Industries Development Special Fund is needed so that any grants or contributions received by the Department of Business, Economic Development, and Tourism from other sources that are deposited into the Special Fund may be expended.

Your Committee has amended this measure by:

(1) Changing its effective date to July 1, 2112, to encourage further discussion; and

(2) Making a technical, nonsubstantive amendment for the purposes of clarity, consistency, and style.

Should your Committee on Finance decide to hear this measure, your Committee respectfully requests that it consider appropriating $500,000 out of the Hawaii Film and Creative Industries Development Special Fund for the purposes of the Special Fund.

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. 2299, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 2299, 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,

____________________________

ANGUS L.K. McKELVEY, Chair