THE SENATE

THE TWENTY-SECOND LEGISLATURE

REGULAR SESSION OF 2004

COMMITTEE ON ECONOMIC DEVELOPMENT

Senator Carol Fukunaga, Chair

Senator Melodie Aduja, Vice Chair

COMMITTEE ON SCIENCE, ARTS, AND TECHNOLOGY

Senator David Y. Ige, Chair

Senator Melodie Aduja, Vice Chair

MEASURES DEFERRED TO TUESDAY, MARCH 23, 2004

TIME:

1:15 p.m.

PLACE:

Conference Room 229

State Capitol

415 South Beretania Street

 

DECISION MAKING ON THE FOLLOWING MEASURE(S):

(Deferred from Thursday, March 18, 2004)

SAT ONLY

HB 1756

HD2

(HSCR603)

RELATING TO THE ISSUANCE OF SPECIAL PURPOSE REVENUE BONDS TO ASSIST HIGH TECHNOLOGY INDUSTRIAL ENTERPRISES.

Authorizes the high technology development corporation to issue special purpose revenue bonds to assist the Hawaii operations of Electricore, Inc., in the production of unmanned vehicle and aerial systems and related technologies. (HB1756 HD1)

SAT, WAM

HB 1796

HD1

(HSCR649)

RELATING TO PRIVACY.

Amends definition of "record" to include digital recordings for purposes of privacy violations; includes use of any device for recordings that constitute privacy violations. (HB1796 HD1)

SAT, JHW

HB 2739

HD1

(HSCR594)

RELATING TO THE ISSUANCE OF SPECIAL PURPOSE REVENUE BONDS BY THE HIGH TECHNOLOGY DEVELOPMENT CORPORATION.

Authorizes the issuance of $100 million in special purpose revenue bonds by the HTDC to finance wet lab space and a biotech incubator. (HB2739 HD1)

SAT, WAM

     

ECD ONLY

HB 1743

HD2

(HSCR753)

RELATING TO LIGHT POLLUTION.

Authorizes the prohibition of artificial lights that are positioned toward or directly illuminate the shoreline, nearshore, and ocean waters unless such light is authorized and required for public safety or safe ocean navigation. (HB1743 HD2)

ECD, WLA

HB 1898

HD1

(HSCR704)

RELATING TO FINANCIAL LITERACY FOR YOUTH MONTH.

Establishes April as Financial Literacy for Youth Month in Hawaii. (HB1898 HD1)

ECD, TMG

HB 2569

HD1

(HSCR500)

RELATING TO NIIHAU SHELL PRODUCTS.

Prohibits items made of seashells from being labeled "Niihau" if not 100% made of Niihau shells and made within the State; allows items made with at least 80% Niihau shells to be labeled as to percentage content (HB2569 HD1).

ECD, CPH

     

ECD/SAT

HB 2611

HD2

(HSCR762)

RELATING TO THE ENTERTAINMENT INDUSTRY.

Expands the provisions for the motion picture and film production tax credit and the high technology investment business tax credit by increasing the credit amount by an unspecified percentage and by including commercials and sound recordings. (HB2611 HD2)

ECD/SAT, WAM

HB 2396

HD2

(HSCR770)

RELATING TO CAPITAL INVESTMENTS.

Creates the Hawaii Private Investment Fund to increase the availability of equity and debt capital. Establishes a tax credit for Hawaii business-research institutes. Changes the refundable research activities tax credit to nonrefundable. Clarifies the existing investment tax credit. Extends the technology infrastructure renovation tax credit and the research activities tax credit to taxable years beginning before January 1, 2011. (HB2396 HD2)

SAT/ECD, WAM

     

No testimony will be accepted.

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