Urges the U.S. Navy to not charge Hawaii rent for Kalaeloa Film Studio and enter a long-term lease agreement.
The bill highlights Hawaii's growing film and television industry, which has benefited from state tax incentives. Despite this, the industry has faced challenges, including high production costs and a decline in new productions. The bill urges the U.S. Navy to not charge the state rent for the Kalaeloa Film Studio and to enter a long-term lease agreement. It also calls on the Department of Business, Economic Development, and Tourism to develop a three-year business plan and strategic vision for the studio, considering its long-term development and alignment with the state's film industry.
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