That bill to restore/extend the film tax credits is being rushed out into view this morning in a last minute conference committee meeting.
The vehicle turns out to be HB 2869, HD2, SD2, with the great title, “Relating to the Economy.”
House Conferees: Representatives Choy/Oshiro, Co-Chairs; Marumoto
(ERB, FIN)Senate Conferees: Senators Fukunaga, Chair; Ige/Kouchi, Co-Chairs; Wakai
(EDT, WAM)
A late report says the 9 a.m. session has been deferred until 1 p.m. while lobbyists work feverishly to push further lucrative changes for the film industry. Senator Fukunaga reportedly trying to push the industry position.
To tell the truth, I can’t figure out if this slips in some of what Relativity Media was seeking or not, but it clearly pumps a lot of public money out to the film/digital industry and its investors.
Cut school buses, but feed the 1%.
It may be a good investment but it doesn’t sit well.
Our legislators think they are celebrities (comedians?) so this tax credit stuff is simply professional courtesy.