Hawaii State Legislature
2006 Legislative Session

HB2421 HD2 SD1

Generated on 8/25/2006 1:55:34 PM

Measure Title: RELATING TO PERFORMING ARTS BUSINESSES.
Report Title: Taxes; Investment Tax Credits
Description: Establishes a program which allows the state to buy back tax credits from qualified high technology businesses (QHTB) at 20% of the face value of the credits distributed over 5 years. Appropriates a percentage of the revenue generated from the buyback program to the Hawaii television and film development special fund. (SD1)
Package: Governor
Companion:SB2384
Introducer(s): SAY (BR)
Current Referral:MAT, WAM

Date Status Text
1/23/2006HPending introduction.
1/25/2006HIntroduced and Pass First Reading.
1/27/2006HReferred to EDB/TAC, FIN, referral sheet 5
1/30/2006HBill scheduled to be heard by EDB/TAC on Friday, 02-03-06 at 8:30 am in House conference room 325.
2/3/2006HThe committees on EDB recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 9 Ayes: Representative(s) Karamatsu, Wakai, Abinsay, Chang, Magaoay, Tsuji, Yamashita, Ching; Ayes with reservations: Representative(s) Marumoto; 0 Noes: none; and 1 Excused: Representative(s) Herkes.
2/3/2006HThe committees on TAC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 9 Ayes: Representative(s) Chang, Yamashita, Abinsay, Karamatsu, Magaoay, Tsuji, Wakai, Ching; Ayes with reservations: Representative(s) Marumoto; 0 Noes: none; and 0 Excused: none.
2/7/2006HReported from the committee on EDB/TAC (Stand. Com. Rep. No. 114-06) as amended in (HD 1), recommending passage on Second Reading and referral to the committee on FIN.
2/8/2006HPassed Second Reading as amended in (HD 1) and referred to the committee(s) on FIN with none voting no (0) and Chang, Kahikina, Kawakami excused (3).
2/22/2006HBill scheduled to be heard by FIN on Friday, 02-24-06 at 2:00 pm in House conference room 308.
2/24/2006HThe committees on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 14 Ayes: Representative(s) Kawakami, Chong, Evans, Lee, Magaoay, Nakasone, Nishimoto, Tanaka, Wakai, Yamane, Yamashita, Moses, Pine, Stevens; Ayes with reservations: none; 0 Noes: none; and 4 Excused: Representative(s) Takamine, Carroll, Tsuji, Meyer.
3/2/2006HReported from the committee on FIN (Stand. Com. Rep. No. 767-06) as amended in (HD 2), recommending passage on Third Reading.
3/3/2006HForty-eight (48) hours notice Friday, 03/03/06.
3/7/2006HPassed Third Reading as amended in (HD 2) with none voting no (0) and none excused (0).
3/7/2006HTransmitted to Senate.
3/9/2006SReceived from House (Hse. Com. No. 213).
3/9/2006SPassed First Reading and referred to MAT, WAM.
3/21/2006SThe committee(s) on MAT has scheduled a public hearing on 03-22-06 at 3:00 pm in conference room 414.
3/22/2006SThe committee(s) on MAT recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in MAT were as follows: 3 Aye(s): Senator(s) Fukunaga, Ihara, Hogue; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Ige, English.
3/24/2006SReported from MAT (Stand. Com. Rep. No. 3099) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
3/24/2006SReport adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

$ = Appropriation measure
ConAm = Constitutional Amendment