THE SENATE

THE TWENTY-SECOND LEGISLATURE

REGULAR SESSION OF 2003

COMMITTEE ON TOURISM

Senator Donna Mercado Kim, Chair

Senator Shan S. Tsutsui, Vice Chair

COMMITTEE ON ECONOMIC DEVELOPMENT

Senator Carol Fukunaga, Chair

Senator Melodie Williams Aduja, Vice Chair

MEASURES DEFERRED TO THURSDAY, FEBRUARY 13, 2003

TIME:

1:45 pm

PLACE:

Conference Room 212

State Capitol

415 South Beretania Street

 

DECISION MAKING ON THE FOLLOWING MEASURE(S):

(Deferred from February 11, 2003)

SB 1174

RELATING TO HOTEL CONSTRUCTION AND REMODELING TAX CREDIT.

Generally extends the hotel construction and remodeling tax credit to 2008 and adds a definition for "Qualified resort area".

TSM/ECD, WAM

SB 1252

RELATING TO TAX CREDITS.

Requires that persons claiming a hotel construction and renovation tax credit to dedicate ten per cent of the hotel's retail space to the promotion and sale of Hawaii products.

TSM/ECD, WAM

SB 1181

RELATING TO INCOME TAX CREDITS.

Allows income tax credit for qualified commercial construction projects of four percent for projects costs up to $10 million, and ten per cent for project costs exceeding $10 million over a consecutive five-year period.

ECD/TSM, WAM

SB 811

RELATING TO PROMOTION OF HIGH TECHNOLOGY INDUSTRIES IN HAWAII.

Requires Hawaii tourism authority to allocate a portion of its biennial budget to contract with the Hawaii Technology Trade Association to market and promote high technology industries in Hawaii.

ECD/TSM, WAM
     

 

No testimony will be accepted.

FOR FURTHER INFORMATION, PLEASE CALL THE COMMITTEE CLERK AT 586-6852.