HOUSE OF REPRESENTATIVES

THE TWENTY-FOURTH LEGISLATURE

REGULAR SESSION OF 2007

COMMITTEE ON FINANCE

Rep. Marcus R. Oshiro, Chair

Rep. Marilyn B. Lee, Vice Chair

Rep. Della Au Belatti	Rep. Faye P. Hanohano	Rep. John Mizuno	Rep. James Kunane Tokioka
Rep. Tom Brower	Rep. Sharon E. Har	Rep. Bob Nakasone	Rep. Karen Leinani Awana
Rep. Mele Carroll	Rep. Michael Y. Magaoay	Rep. Karl Rhoads	Rep. Colleen Rose Meyer
Rep. Pono Chong	Rep. Joey Manahan	Rep. Roland D. Sagum, III	Rep. Gene Ward, Ph.D.

NOTICE OF HEARING

DATE:

WEDNESDAY, April 04, 2007

TIME:

2:30 P.M.

PLACE:

Conference Room 308

State Capitol

415 South Beretania Street

A G E N D A # 1A

SB 323

SD2, HD1

(HSCR1408)

RELATING TO HIGH TECHNOLOGY.

Provides that the high technology special fund shall not be used to fund general administrative and fiscal positions. Clarifies that the high technology innovation corporation is authorized to operate bank accounts that are necessary for the conduct of its business at both in-state and out-of-state bank locations. Appropriates funds for the Hawaii small business innovation research grant program and the Hawaii small business technology transfer program.

EDB, FIN

SB 600

HD1

(HSCR1472)

RELATING TO LEASEHOLD CONVERSION.

Exempts from taxation 100% of capital gains realized during taxable years 2008-2012 from sale of leased fee interest in condominium units to association of apartment owners or residential cooperative corporations.

HSH, CPC, FIN

SB 1804

SD2, HD1

(HSCR1512)

RELATING TO THE TRAUMA SYSTEM SPECIAL FUND.

Establishes additional funding mechanisms for the trauma system special fund. Makes appropriations.

HLT/TRN, JUD, FIN

SB 11

SD3, HD1

(HSCR1380)

RELATING TO EXCISE TAX ON HEALTH CARE.

Exempts physician, osteopath, and dentist services, hospital, nursing home or nursing facility, and medical clinic charges, and rehabilitation services from the county surcharge on state tax.

HLT, FIN

SB 1779

HD2

(HSCR1468)

RELATING TO CHILDREN.

Establishes and appropriates funds for a two-year statewide task force to evaluate and make recommendations on the State's system responses to cases of child sexual assault and exploitation. Specifies that when the family court determines that the child's parents cannot provide the child with a safe family home, the Department of Human Services may submit a permanent plan with a goal of guardianship and the court may award guardianship to an appropriate entity without termination of parental rights.

HSH, JUD, FIN

DECISION MAKING TO FOLLOW

PERSONS WISHING TO TESTIFY ARE REQUESTED TO SUBMIT 45 COPIES OF THEIR TESTIMONY AT LEAST 24 HOURS PRIOR TO THE HEARING TO: (1) THE COMMITTEE CHAIR IN ROOM 306, 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. FOR FURTHER INFORMATION, PLEASE CALL THE COMMITTEE CLERK AT 586‑6200.

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.

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.

________________________________________

Rep. Marcus R. Oshiro

Chair