THE SENATE

THE TWENTY-FOURTH LEGISLATURE

REGULAR SESSION OF 2007

COMMITTEE ON ECONOMIC DEVELOPMENT AND TAXATION

Senator Carol Fukunaga, Chair

Senator Will Espero, Vice Chair

Senator J. Kalani English

Senator David Y. Ige

Senator Sam Slom

AMENDED NOTICE OF HEARING

DATE:	Thursday, March 22, 2007
TIME:	1:15 pm
PLACE:	Conference Room 224 State Capitol 415 South Beretania Street

A M E N D E D    A G E N D A

The following measure(s) has been ADDED to the agenda:

HB 1639 HD2, SD1 (SSCR1089)	RELATING TO IMPORTANT AGRICULTURAL LANDS. Excludes rental income derived from agricultural leases on important agricultural lands from gross and adjusted gross income, and taxable income, under certain conditions, and exempts rental income derived from agricultural leases on important agricultural lands from the general excise tax law, under certain conditions.  (SD1)	WAH, EDT, WAM
HB 1096 HD1, SD1 (SSCR1063)	RELATING TO STATE MORTGAGE CREDIT CERTIFICATES. Assists low- and moderate-income home buyers by providing a state income tax credit up to twenty per cent of the annual mortgage interest paid per year.  (SD1)	CPH, EDT, WAM

Decision Making to follow, if time permits.

Persons wishing to testify should submit testimony in one of the following ways at least 24 hours prior to the hearing:

· In person: 25 copies of their testimony to the committee clerk, Room 216, State Capitol.

· By fax:  Testimony may be faxed if less than 5 pages in length, to the Senate Sergeant-At-Arms Office at 586-6659 or 1-800-586-6659 (toll free for neighbor islands), at least 24 hours prior to the hearing.  When faxing, please indicate to which committee the testimony is being submitted, the date and time of the hearing, and the number of copies needed for submittal.

· By Email:  Testimony may be emailed if less than 5 pages in length, to the Legislature's Public Access Room at testimony@capitol.hawaii.gov.  Please indicate to which committee the testimony is being submitted, the date and time of the hearing, and the number of copies needed for submittal.  In addition, please provide the testifier's name and mailing address in the email.  Email sent to individual offices or any other Senate office will not be accepted.

If you require special assistance or auxiliary aids or services to participate in the public hearing process (i.e., sign language interpreter or wheelchair accessibility), please contact the committee clerk 24 hours prior to the hearing so arrangements can be made.

Public Folder.  A folder labeled “Public Folder” containing the measures and testimonies for the hearing will be available for shared use by members of the public.

FOR FURTHER INFORMATION, PLEASE CALL THE COMMITTEE CLERK AT 586-6934.

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Senator Carol Fukunaga

Chair