THE SENATE

THE TWENTY-SECOND LEGISLATURE

REGULAR SESSION OF 2003

COMMITTEE ON ECONOMIC DEVELOPMENT

Senator Carol Fukunaga, Chair

Senator Melodie Williams Aduja, Vice Chair

NOTICE OF DECISION MAKING

 

DATE:

February 11, 2003

TIME:

2:45pm

PLACE:

Conference Room 229

State Capitol

415 South Beretania Street

A G E N D A

The following measures were previously heard on January 30, 2003:

SB 358

RELATING TO ECONOMIC DEVELOPMENT.

Provides a tax credit for taxpayers that create jobs by hiring additional full-time employees for quality jobs. Defines a quality job as a full-time employee position in enterprise zones with wages that are fifteen per cent above the state average wage. Establishes the amount of the tax credit to be $5,000 over five years. Sets the maximum allowable credit per taxable year to $1,000. Allows carryover of unused credit to subsequent years

ECD, WAM

SB 659

RELATING TO ENTERPRISE ZONE.

Designates the entire island of Oahu as an enterprise zone for two years from 07/01/2003 to 06/30/2005.

ECD, WAM

SB 82

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.

ECD, WAM

SB 836

RELATING TO ECONOMIC DEVELOPMENT.

Provides an entrepreneur tax credit for taxpayers that create and maintain high paying jobs in Hawaii.

ECD, WAM

SB 1253

RELATING TO ECONOMIC DATA.

Requires the Department of Business, Economic Development and Tourism (DBEDT) to establish an industry tracking program whereby businesses provide relevant information to DBEDT to track and evaluate business industries. Provides a tax credit for businesses that participate in the industry tracking program.

ECD, WAM

SB 1254

RELATING TO INTERNATIONAL RELATIONS.

Establishes and appropriates funds for an office of international relations under the Department of Business, Economic Development, and Tourism.

ECD, WAM

Decision making in ECD only
     

SB 1250

RELATING TO NEW ECONOMY WORKFORCE DEVELOPMENT.

Allows moneys in the employment and training fund to be used for employers to train their own employees, incentives for employers to train residents in skills in critically short supply, and incentives for employers to train workers recently unemployed or likely to be unemployed.

ECD/LBR, WAM
     

 

NO TESTIMONY WILL BE ACCEPTED FOR THESE MEASURES

If you require special assistance or auxiliary aids or services to participate in the public hearing process (i.e., sign language interpreter, wheelchair accessibility, or parking designated for the disabled) please contact the committee clerk 24 hours prior to the hearing so arrangements can be made.

FOR FURTHER INFORMATION, PLEASE CALL THE COMMITTEE CLERK AT 586-6673.

 

__________________________________

Senator Carol Fukunaga

Chair