STAND. COM. REP. NO. 2470

Honolulu, Hawaii

RE: S.B. No. 2855

S.D. 1

Honorable Ronald D. Kouchi

President of the Senate

Thirtieth State Legislature

Regular Session of 2020

State of Hawaii

Sir:

Your Committee on Energy, Economic Development, and Tourism, to which was referred S.B. No. 2855 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:

(1) Appropriate funds from the Hawaii film and creative industries development special fund; and

(2) Make technical amendments to the Hawaii film and creative industries development special fund law.

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 (Act 228), renamed the Hawaii television and film development special fund as the Hawaii film and creative industries development special fund. This was done in order to align the fund with the increased export of creative intellectual property development, workforce expansion across sectors, and marketing programs that promote the growth of the film, creative, and media industries. However, your Committee finds that Act 228 did not include an appropriation into and out of the newly-named special fund.

Your Committee notes that while an appropriation into the Hawaii film and creative industries development special fund is not being proposed by this measure, an appropriation out of the special fund is included 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 making technical, nonsubstantive amendments 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. 2855, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 2855, 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,

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GLENN WAKAI, Chair