HOUSE OF REPRESENTATIVES

THE TWENTY-THIRD LEGISLATURE

REGULAR SESSION OF 2005

COMMITTEE ON FINANCE

Rep. Dwight Y. Takamine, Chair

Rep. Bertha C. Kawakami, Vice Chair

Rep. Mele Carroll

Rep. Clift Tsuji

Rep. Pono Chong

Rep. Glenn Wakai

Rep. Cindy Evans

Rep. Ryan I. Yamane

Rep. Jon Riki Karamatsu

Rep. Kyle T. Yamashita

Rep. Marilyn B. Lee

Rep. Galen Fox

Rep. Michael Y. Magaoay

Rep. Colleen Rose Meyer

Rep. Bob Nakasone

Rep. Mark S. Moses

Rep. Scott Y. Nishimoto

Rep. Kymberly N. Pine

Rep. Kameo Tanaka

NOTICE OF HEARING

DATE:

WEDNESDAY, February 23, 2005

TIME:

3:15 P.M.

PLACE:

Conference Room 308

State Capitol

415 South Beretania Street

A G E N D A # 3

HB 483

(HSCR481)

RELATING TO AGRICULTURE.

Establishes an agricultural infrastructure improvement tax credit to promote agricultural diversity and increase agricultural self-sufficiency.

AGR, FIN

HB 1033

(HSCR537)

RELATING TO INCOME TAX.

Establishes an income tax credit for farmers who are forced to purchase water at higher rates from county water boards rather than at lower state irrigation system rates. Establishes the amount of the credit as the difference in the cost of water at the rates charged by the county board of water supply and the state irrigation system. Defines "farmer" as one who derives at least 50% of gross income from farming.

AGR/WLO, FIN

HB 1200

HD1

(HSCR379)

RELATING TO STATE ENTERPRISE ZONES.

Establishes that agricultural businesses shall remain eligible for tax incentives under the EZ program in the event of force majeure; extends eligibility under the EZ program by the number of months of the force majeure's duration; allows agricultural businesses to meet annual gross revenue requirements if the businesses are unable to meet annual full-time employee requirements; includes leased employees in the definition of "full-time employee" for the EZ program.

AGR/EDB, FIN

HB 954

(HSCR483)

MAKING APPROPRIATIONS FOR AGRICULTURAL INFRASTRUCTURE.

Appropriates $200,000 for planning and construction of the Honomalino Irrigation System and $500,000 to prepare the Agricultural Water Use and Development Plan.

AGR, FIN

HB 167

HD1

(HSCR538)

RELATING TO STATE AGRICULTURAL LEASES.

Establishes that for rental reopenings of state agricultural leases, fair market rental shall be determined through an income capitalization approach considering the potential agricultural yield from the property.

AGR/WLO, FIN

HB 168

HD1

(HSCR539)

MAKING AN APPROPRIATION FOR AGRICULTURAL RESEARCH AND DEVELOPMENT.

Appropriates funds to the Hawaii Farm Bureau Federation for agricultural research and market development.

AGR, FIN

HB 330

(HSCR74)

RELATING TO AGRICULTURE.

Authorizes the agribusiness development corporation to issue revenue bonds to obtain agricultural land in Waialua from the Galbraith Estate. Enables the agribusiness development corporation to contract with banks to provide lease management services.

AGR/WLO, FIN

HB 1082

HD2

(HSCR548)

MAKING AN APPROPRIATION TO ABATE AGRICULTURAL THEFT.

Establishes a temporary interagency Agricultural Crime Abatement Task Force within the Department of Agriculture, with cooperation from the Attorney General, to develop programs and policies to abate agricultural crime. Appropriates funds.

AGR, JUD, FIN

DECISION MAKING TO FOLLOW

PERSONS WISHING TO TESTIFY ARE REQUESTED TO SUBMIT 45 COPIES OF THEIR TESTIMONY AT LEAST 24 HOURS PRIOR TO THE HEARING TO: (1) ROOM 306, STATE CAPITOL, OR (2) THE HOUSE SGT.-AT-ARMS TESTIMONY DROP OFF BOX IN THE TURNAROUND AREA OF THE CAPITOL BASEMENT PARKING LOT. TESTIMONY MAY ALSO BE FAXED IF LESS THAN 5 PAGES IN LENGTH TO THE HOUSE SGT.-AT-ARMS OFFICE AT: 586-6501 (OAHU) OR 1-800-535-3859 (NEIGHBOR ISLANDS). WHEN FAXING, PLEASE INDICATE TO WHOM THE TESTIMONY IS BEING SUBMITTED, THE DATE AND TIME OF THE HEARING, AND THE REQUIRED NO. OF COPIES THAT IS NEEDED FOR SUBMITTAL.

IT IS ALSO REQUESTED THAT THE COPIES BE ON ONE SIDE OF AN 8-1/2" X 11" SHEET. FOR FURTHER INFORMATION, PLEASE CALL THE COMMITTEE CLERK AT 586-6200.

IF YOU REQUIRE SPECIAL ASSISTANCE OR AUXILIARY AIDS AND/OR SERVICES TO PARTICIPATE IN THE PUBLIC HEARING PROCESS OF THE STATE HOUSE (I.E., SIGN LANGUAGE INTERPRETER, WHEELCHAIR ACCESSIBILITY, OR PARKING DESIGNATED FOR THE DISABLED), PLEASE CONTACT THE COMMITTEE CLERK AT LEAST 24 HOURS PRIOR TO THE HEARING SO ARRANGEMENTS CAN BE MADE.

 

 

________________________________________

Rep. Dwight Takamine

Chair