Hawaii Film Blog

Friday, March 18, 2005

Judgment Day: SB541 & SB1304

The verdict from today's TAC-EDB hearing is in:

SB541, SD2 (increased refundable production tax credit): Decisionmaking on this bill is deferred until Tuesday morning. Stay tuned...

SB1304, SD2 (grants to local filmmakers, changes to TV & film development board): Passed with amendments. The latest draft is now SB1304, HD1. I'll post the link to it (in the new section, "Latest Bill Drafts," on the right sidebar) as soon as the Legislature puts it online. Only slight differences from SD2: added 1 board member to make the total # of board members 12, and adjusted appointment rules accordingly. They didn't add a $ figure for the fund for grants--that will be left up to FIN, which will hear the bill sometime in the next few weeks (prep your testimonies now, sometimes hearings don't get announced a full 24 hours in advance).

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