HOUSE OF REPRESENTATIVES

THE TWENTY-FOURTH LEGISLATURE

REGULAR SESSION OF 2007

COMMITTEE ON ECONOMIC DEVELOPMENT & BUSINESS CONCERNS

Rep. Kyle T. Yamashita, Chair

Rep. Glenn Wakai, Vice Chair

Rep. Lyla B. Berg, Ph.D.	Rep. Joey Manahan
Rep. Tom Brower	Rep. Clift Tsuji
Rep. Jerry L. Chang	Rep. Ryan I. Yamane
Rep. Faye P. Hanohano	Rep. Corinne W.L. Ching
Rep. Robert N. Herkes	Rep. Barbara C. Marumoto

NOTICE OF HEARING

DATE:	Saturday, February 10, 2007
TIME:	8:30 a.m.
PLACE:	Conference Room 325 State Capitol 415 South Beretania Street

A G E N D A

HB 1415	RELATING TO HIGH TECHNOLOGY BUSINESS TAX CREDITS. Allows analysis and evaluation of relevant information to determine the economic impact of tax credits granted.	EDB, FIN
HB 1631	RELATING TO HIGH TECHNOLOGY BUSINESS INVESTMENT TAX CREDIT. Requires taxpayers claiming the High Technology Business Investment Tax Credit to file certain information with the Auditor.	EDB, FIN
HB 1752	RELATING TO TAXATION. Requires DBEDT to obtain and analyze certain information pertaining to tax incentives.  Appropriates funds.	EDB, FIN
HB 1897	RELATING TO THE HIGH TECHNOLOGY BUSINESS INVESTMENT TAX CREDIT. Reduces the tax credit to 50 percent over five years. Adds additional requirements to the taxpayer's written, certified statement that is required for the high technology business investment tax credit.  Requires the Director of Taxation and Department of Labor and Industrial Relations to allow the Auditor to access and analyze certain information related to the tax credit.	EDB, FIN

DECISION MAKING TO FOLLOW

PERSONS WISHING TO TESTIFY ARE REQUESTED TO SUBMIT 35 COPIES OF THEIR TESTIMONY AT LEAST 24 HOURS PRIOR TO THE HEARING TO:  (1)  THE  COMMITTEE'S VICE CHAIR IN ROOM 316, STATE CAPITOL, OR (2)  THE HOUSE SGT.-AT-ARMS TESTIMONY DROP OFF BOX IN THE TURNAROUND AREA OF THE CAPITOL BASEMENT PARKING LOT.  TESTIMONY MAY ALSO BE FAXED IF LESS THAN 5 PAGES IN LENGTH TO THE HOUSE SGT.-AT-ARMS OFFICE AT:  586-6501 (OAHU) OR 1-800-535-3859 (NEIGHBOR ISLANDS).  WHEN FAXING, PLEASE INDICATE TO WHOM THE TESTIMONY IS BEING SUBMITTED, THE DATE AND TIME OF THE HEARING, AND THE REQUIRED NO. OF COPIES THAT IS NEEDED FOR SUBMITTAL.

IT IS ALSO REQUESTED THAT THE COPIES BE ON ONE SIDE OF AN 8‑1/2" X 11" SHEET WITH TWO HOLES PUNCHED AT THE TOP.  FOR FURTHER INFORMATION, PLEASE CALL THE COMMITTEE CLERK AT 586‑6330.

IF YOU REQUIRE SPECIAL ASSISTANCE OR AUXILIARY AIDS AND/OR SERVICES TO PARTICIPATE IN THE PUBLIC HEARING PROCESS OF THE STATE HOUSE (I.E., SIGN LANGUAGE INTERPRETER, WHEELCHAIR ACCESSIBILITY, OR PARKING DESIGNATED FOR THE DISABLED), PLEASE CONTACT THE COMMITTEE CLERK AT LEAST 24 HOURS PRIOR TO THE HEARING SO ARRANGEMENTS CAN BE MADE.  PROMPT REQUESTS SUBMITTED HELP TO ENSURE THE AVAILABILITY OF QUALIFIED INDIVIDUALS AND APPROPRIATE ACCOMMODATIONS.

SELECTED HEARINGS ARE BROADCAST LIVE.  CHECK THE CURRENT LEGISLATIVE BROADCAST SCHEDULE ON THE "CAPITOL TV" WEB SITE AT WWW.CAPITOLTV.ORG OR CALL 550-8074 FOR A LISTING.

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Rep. Kyle T. Yamashita

Chair