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THE SENATE |
S.B. NO. |
1058 |
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THIRTY-FIRST LEGISLATURE, 2021 |
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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] All grants, revenues, rents, fees, and charges received from
governmental agencies or any other source; and
(4) Effective January 1,
[2021,] 2022, 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 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 Stateʹs 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[.];
and
(4) Repair, maintenance, and operation of
public facilities managed by the department that support the film, media, and
creative industries in the State."
The sums 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 Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 4. This Act, upon its approval, shall take effect on July 1, 2021.
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INTRODUCED BY: |
_____________________________ |
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BY REQUEST |
Report Title:
Hawaii Film and Creative Industries Development Special Fund
Description:
Makes an appropriation out of the Hawaii Film and Creative Industries Development special fund. Amends the Hawaii Film and Creative Industries Development special fund to expand its funding sources and the authorized uses of the fund.
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.