RELATING TO THE ENTERTAINMENT INDUSTRY.

Establishes labor expenditure tax credits for eligible Hawaii-based or Hawaii-controlled corporations conducting film or video production or masters recordings in Hawaii. Establishes a training tax credit for eligible corporations for productions or recordings for which one or more Hawaii-based individuals are participating as trainees. Allows certain sound recordings to be eligible for a tax credit.

RELATING TO FILM INDUSTRY.

Increases the motion picture and television production tax credit up to 8 percent for costs incurred on counties with a population over 700,000, and up to 10 percent for costs incurred on counties with a population of 700,000 or less; includes commercials; requires the Hawaii television and film development board to review tax incentives for the purchase, utilization, and sale of television and motion picture production equipment in the State.

RELATING TO TAX CREDITS FOR FILM AND PERFORMING ARTS.

Expands Hawaii's current tax incentive package for motion picture and film production, and includes a refundable production tax credit.

RELATING TO THE HAWAII FILM ENHANCEMENT REBATE PROGRAM.

Creates the Hawaii film enhancement rebate program which issues rebate payments to qualifying film and television productions for production costs incurred in Hawaii.

RELATING TO CAPITAL INVESTMENTS

Proposes a 20% refundable tax credit for scientific research by qualified research and development companies. Clarifies the existing investment tax credit. Extends the technology infrastructure renovation tax credit. Proposes to establish a 20% business-research institute tax credit. Creates the Hawaii Private Investment Fund Program to increase the availability of equity and debt capital for the emerging, expanding, and restructuring enterprises. Appropriates $20 million from the Hawaii Strategic Development Corporation revolving fund for the operation of Program.

RELATING TO CAPITAL FORMATION

Adopts new capital formation incentives.

SAT/ECD, WAM

SB 3166

RELATING TO HIGH TECHNOLOGY TAX INCENTIVES

Adopts amendments to the high technology tax incentives program.

SAT/ECD, WAM

RELATING TO THE HAWAII STRATEGIC DEVELOPMENT CORPORATION

Repeals a section of Act 178, SLH 2003 which eliminates the Hawaii Strategic Development Corporation Revolving Fund to allow continued investment activity by the Hawaii Strategic Development Corporation.

SB 2281

RELATING TO THE HIGH TECHNOLOGY DEVELOPMENT CORPORATION

Allows moneys collected into the high technology special fund to be deposited into a private client account in any bank or financial institution. Deletes the fund's $3 million cap.

SB 3002

MAKING AN APPROPRIATION FOR THE PROJECT EAST INITIATIVE IN HAWAII'S PUBLIC SCHOOLS

Makes an appropriation for the continuation and expansion of the project east (environmental and spatial technology) initiative in Hawaii's public schools.

SAT/ECD, WAM

RELATING TO ENTERPRISE ZONES

Removes provisions that restrict telecommunications from being designated a qualified business for enterprise zone purposes.

RELATING TO ECONOMIC DEVELOPMENT

Mandates a four-year increase in the technology infrastructure renovation tax credit starting in 2005 and ending in 2008.

SB 3165

RELATING TO ENHANCING ECONOMIC DIVERSITY

Appropriates funds to study the feasibility of a Kalaeloa Technical Park project to enhance economic diversity.

RELATING TO PUBLIC MEETINGS

Allows for the audio or visual recording or reproduction of public meetings that are open to the public.

RELATING TO PUBLIC MEETINGS

Allows public meetings by video teleconference to continue even if the video connectivity is interrupted or stopped.

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.

RELATING TO TELEMARKETING

Specifies that a violation of the federal Do-Not-Call provisions constitutes an unfair or deceptive trade practice under Hawaii law.

RELATING TO TELECOMMUNICATION

Allows local exchange carriers to elect alternate form of regulation, including its rates, terms, and conditions for its retail services. Allows for specified rate increases and decreases. Allows for rate adjustments or recover changes in costs or in revenues because of an exogenous event.

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.

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

MAKING AN APPROPRIATION TO THE AVIATION MUSEUM OF THE PACIFIC

Appropriates matching funds of $1,000,000 for restoration and exhibits for an air museum for the Aviation Museum of the Pacific.

RELATING TO GOVERNMENT RECORDS

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Senator Carol Fukunaga

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Senator David Y. Ige