Poof! The tax credits to Hollywood are up this a.m.

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.


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One thought on “Poof! The tax credits to Hollywood are up this a.m.

  1. Richard Gozinya

    Our legislators think they are celebrities (comedians?) so this tax credit stuff is simply professional courtesy.

    Reply

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