THE SENATE

THE TWENTY-THIRD LEGISLATURE

REGULAR SESSION OF 2005

COMMITTEE ON BUSINESS & ECONOMIC DEVELOPMENT

Senator Will Espero, Chair

Senator Carol Fukunaga, Vice Chair

MEASURES DEFERRED TO WEDNESDAY, FEBRUARY 16, 2005

TIME:

2:45 PM

PLACE:

Conference Room 224

State Capitol

415 South Beretania Street

 

DECISION MAKING ON THE FOLLOWING MEASURE(S):

(Deferred from February 8, 2005; February 15, 2005)

SB 1698

RELATING TO TECHNOLOGY GROWTH.

Establishes a tax credit for taxpayers that contribute in-kind services to establish or maintain technology laboratories in public schools. Appropriates funds for Project EAST expansion and for the Economic Development Alliance of Hawaii to coordinate marketing, with emphasis on representing Hawaii's technology companies and opportunities on the mainland.

MAT/BED, WAM

SB 1721

RELATING TO A STATE CULTURAL PUBLIC MARKET.

Promotes cultural awareness, education, and diversity of the Hawaiian culture and that of other ethnic groups throughout the islands through the establishment of a permanent venue for the vendors and artists to showcase their products and their talents.

BED/MAT, WAM

(Please note: The Committee on MAT held its decision making on the above measure(s) on February 15, 2005.)

SB 721

RELATING TO THE ALOHA TOWER DEVELOPMENT CORPORATION.

Allows the Aloha Tower Development Corporation to sell land, or a limited amount of land and air rights over land within its control and jurisdiction to facilitate the development of housing.

BED/TSM, WLA/WAM

SB 1186

RELATING TO HOTEL CONSTRUCTION AND REMODELING TAX CREDIT.

Adjusts the hotel construction and remodeling tax credit to 8% on 7/1/05, 4% on 7/1/09 and repeals the tax credit on 7/1/12.

TSM/BED, WAM

(Please note: The Committee on TSM held its decision making on the above measure(s) on February 15, 2005.)

 

 

No testimony will be accepted.

FOR FURTHER INFORMATION, PLEASE CALL THE COMMITTEE CLERK AT 586-6360.