HOUSE OF REPRESENTATIVES

THE TWENTY-FIRST LEGISLATURE

REGULAR SESSION OF 2001

COMMITTEE ON FINANCE

Rep. Dwight Takamine, Chair

Rep. Bertha Kawakami, Vice Chair

Rep. Ben Cabreros

Rep. Nobu Yonamine

Rep. Willie Espero

Rep. Ron Davis

Rep. Michael Magaoay

Rep. Charles Djou

Rep. Bob Nakasone

Rep. Bertha Leong

Rep. Scott Saiki

Rep. Mark Moses

Rep. Nathan Suzuki

Rep. Jim Rath

NOTICE OF HEARING

DATE:

Thursday, March 29, 2001

TIME:

2:00 P.M.

PLACE:

Conference Room 308

State Capitol

415 South Beretania Street

A G E N D A # 1

SB 588

SD2

(SSCR878)

RELATING TO PROFESSIONAL EMPLOYMENT ORGANIZATIONS.

Exempts amounts paid to a professional employment organization on behalf of employees hired by a client company from the GET.

FIN

SB 540

SD1

(SSCR666)

RELATING TO TAXATION.

Establishes a tax credit for revitalization of older commercial facilities, including retail, hotel, warehouse, and industrial facilities; provided that either the facility or the commercial district where the facility is located is at least twenty-five years old; projects over $2,500,000 required to pay prevailing wages under chapter 104, Hawaii Revised Statutes.

FIN

SB 648

SD2 HD1

(HSCR1093)

relating to taxation.

Adds new tax benefits for high tech industries and amends current benefits.

EDB,FIN

SB 926

SD2

(HSCR981)

relating to enterprise zones.

Broadens scope of the types of businesses that qualify for a "qualified business" designation within the Barbers Point/Kalaeloa enterprise zone to include any lawful business situated within the zone.

EDB,FIN

SB 678

SD1 HD1

(HSCR924)

relating to technology.

Appropriates money for the New Economy Transition (NET) program; appropriates moneys to DBEDT; appropriates GO bonds to extend the community-based economic development loan and grant program for info technology in distressed rural areas; creates a high technology task force to develop goals and an implementation plan to improve Hawaii's high technology industry; requires conversion of legislative documents and reports received by the legislature to electronic copy; requires administration to process bill payments electronically.

EDB,FIN

 

 

DECISION MAKING TO FOLLOW

PERSONS WISHING TO TESTIFY ARE REQUESTED TO SUBMIT 40 COPIES OF THEIR TESTIMONY AT LEAST 24 HOURS PRIOR TO THE HEARING TO: (1) ROOM 306, STATE CAPITOL, OR (2) THE HOUSE SGT.-AT-ARMS PERSONNEL IN THE TURNAROUND AREA OF THE CAPITOL BASEMENT PARKING LOT. TESTIMONY MAY BE FAXED 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 ARE 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 FINANCE 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.

 

________________________________________

Rep. Dwight Y. Takamine

Chair