HB 505

RELATING TO ECONOMIC DEVELOPMENT

By Representative(s) HERKES

Keywords: DEPT. OF BUS., ECON. DEV., & TOURISM, LAND USE, REAL PROPERTY, REGIONAL PLANNING

Report Title: Renaissance Zones

Description: Authorizes the governor to designate up to 8 renaissance zones in the State. Establishes the renaissance review board. Exempts persons located and operating within renaissance zones from up to 100% of the person's income and general excise taxes. Requires DBEDT to submit annual report on the economic effects.

 1-22-99        H Introduced and passed First Reading                      
 1-25-99        H Referred to the committees on 1. EDB 2. WLU 3. FIN ,        
                  referral sheet 3
 2- 5-99        H Bill scheduled to be heard by EDB on Monday,
                  02-08-99 at 8:30 A.M. in House conference room 325.
 2- 8-99        H The committee(s) recommends that the measure be
                  deferred until 02-18-99.
 2-16-99        H Bill scheduled for decision making on Thursday,
                  02-18-99 at 8:15 A.M. in House conference room 325.
 2-18-99        H The committee on EDB recommends that the measure be         
                  PASSED, UNAMENDED.
 2-18-99        H The votes in EDB were as follows:11 Ayes: Rep.(s)
                  Herkes, Luke, Abinsay, Chang, Ito, Kaho`ohalahala,
                  Morihara, Suzuki, Halford, Rath, Whalen; Ayes with
                  reservations: Rep.(s) ; none Noes: Rep.(s) ; and 2
                  Excused: Rep.(s) Ahu Isa, Saiki
 2-19-99        H Reported from the committee on EDB (Stand. Com. Rep.        
                  No. 504), recommending passage on Second Reading and        
                  referral to the committee on WLU
 2-19-99        H Passed Second Reading and referred to the committee         
                  on WLU      with Representative(s) none voting no
                  and Representative(s) Cachola, Kanoho, Moses, Yamane        
                  excused.
 2-19-99        H Re-referred to the committees on 1. EDB 2. FIN ,
                  referral sheet 19
 3- 1-99        H Bill scheduled to be heard by FIN on Monday,
                  03-01-99 at 2:00 P.M. in House conference room 308.
 3- 1-99        H The committee on FIN recommends that the measure be         
                  HELD.
 3- 1-99        H The votes in FIN were as follows:15 Ayes: Rep.(s)
                  Takamine, Kawakami, Ahu Isa, Catalani, Kahikina,
                  Kanoho, Luke, Saiki, Schatz, Suzuki, Yamane, Fox,
                  Marumoto, Meyer, Moses; Ayes with reservations:
                  Rep.(s) ; none Noes: Rep.(s) ; and 2 Excused:
                  Rep.(s) Goodenow, Nakasone
 1-19-00        H Carried over to 2000 Regular Session.