STAND. COM. REP. NO. 282

Honolulu, Hawaii

, 2021

RE: H.B. No. 904

H.D. 1

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirty-First State Legislature

Regular Session of 2021

State of Hawaii

Sir:

Your Committee on Economic Development, to which was referred H.B. No. 904 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:

(1) Amend the Hawaii Film and Creative Industries Development Special Fund to expand its funding sources and authorized uses; and

(2) Appropriate funds out of the Hawaii Film and Creative Industries Development Special Fund for the purposes of 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 the Hawaii Film and Creative Industries Development Special Fund supports the film, media, and creative industries in the State. This measure would expand the authorized uses of the Special Fund to ensure that there are significant economic benefits for the State from the Hawaii film and creative industries.

Your Committee has amended this measure by:

(1) Changing the effective date to July 1, 2050, to encourage further discussion; and

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

As affirmed by the record of votes of the members of your Committee on Economic Development that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 904, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 904, H.D. 1, and be referred to your Committee on Finance.

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

____________________________

SEAN QUINLAN, Chair