RELATING TO A BUSINESS-RESEARCH INSTITUTE TAX CREDIT.

Proposes a 20% business-research institute tax credit for the development and growth of new technology-intensive businesses.

RELATING TO CAPITAL INVESTMENTS.

Includes insurance premium taxes to the list of taxes for which tax credits may be provided. Authorizes The Hawaii Strategic Development Corporation to borrow funds and transfer credits as necessary to credit purchasers.

RELATING TO CAPITAL INVESTMENTS.

Authorizes $100,000,000 in tax credits to the Hawaii strategic development corporation for the purposes of Act 215, SLH 2004.

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.

RELATING TO TECHNOLOGY AND INNOVATION INDUSTRIES.

Appropriates funds for a grant-in-aid to Enterprise Honolulu to conduct a targeted business development project.

RELATING TO PUBLIC DISCLOSURE OF COMFORT LETTERS.

Requires comfort letters received by the department of taxation to be open to public inspection and copying.