THE SENATE

THE TWENTY-SECOND LEGISLATURE

REGULAR SESSION OF 2003

COMMITTEE ON ECONOMIC DEVELOPMENT

Senator Carol Fukunaga, Chair

Senator Melodie Williams Aduja, Vice Chair

 

COMMITTEE ON LABOR

Senator Brian Kanno, Chair

Senator Les Ihara, Jr., Vice-Chair

NOTICE OF HEARING

DATE:

Thursday, January 30, 2003

TIME:

1:15 p.m.

PLACE:

Conference Room 229

State Capitol

415 South Beretania Street

A G E N D A

An informational briefing on the report, "A New Economy in Hawaii" 2003 presented by the Hawaii Institute of Public Affairs (HIPA) and Enterprise Honolulu will be held first. Copies of the report will be available at the hearing. Panelists will include Bill Kaneko of HIPA, authors of the report, Andrew Aoki and James Koshiba, Jr., and Mike Fitzgerald of Enterprise Honolulu.

The briefing will be followed by a hearing on bills relating to recommendations from the report and from the regional economic development boards.

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

ECD/LBR

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

DECISION MAKING TO FOLLOW, IF TIME PERMITS.

Persons wishing to testify should submit 30 3-hole punched copies of their testimony to the State Capitol drop-off site 24 hours prior to the hearing in order to be included in the hearing folder. Email testimony may be submitted to Fukunaga3@capitol.hawaii.gov in a Word attachment by 4pm of the previous day. Testimony may also be faxed if less than 5 pages in length, to the Senate Sergeant-At-Arms Office at 586-6659 or 1-800-586-6659 (toll free for neighbor islands), at least 24 hours prior to the hearing. When faxing, please indicate to whom the testimony is being submitted, the date and time of the hearing, and the required number of copies needed for submittal.

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.

Public Folder. A folder labeled "Public Folder" containing the measures and testimonies for the hearing will be available for shared use by members of the public.

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

________________________________________

Senator Brian Kanno

Chair

__________________________________

Senator Carol Fukunaga

Chair