HOUSE OF REPRESENTATIVES

THE TWENTY-FOURTH LEGISLATURE

REGULAR SESSION OF 2007

COMMITTEE ON FINANCE

Rep. Marcus R. Oshiro, Chair

Rep. Marilyn B. Lee, Vice Chair

Rep. Della Au Belatti	Rep. Faye P. Hanohano	Rep. John Mizuno	Rep. James Kunane Tokioka
Rep. Tom Brower	Rep. Sharon E. Har	Rep. Bob Nakasone	Rep. Karen Leinani Awana
Rep. Mele Carroll	Rep. Michael Y. Magaoay	Rep. Karl Rhoads	Rep. Colleen Rose Meyer
Rep. Pono Chong	Rep. Joey Manahan	Rep. Roland D. Sagum, III	Rep. Gene Ward, Ph.D.

NOTICE OF DECISION MAKING

DATE:

TUESDAY, April 3, 2007

TIME:

4:45 P.M.

PLACE:

Conference Room 308

State Capitol

415 South Beretania Street

A G E N D A # 4A

DECISION MAKING ONLY ON THE FOLLOWING BILL PREVIOUSLY HEARD

HEARD ON WEDNESDAY, MARCH 28, AGENDA # 4:

SB 1642

SD1

(HSCR1465)

RELATING TO LABOR.

Amending section 89-9(d), Hawaii Revised Statutes, by clarifying that certain statutory actions shall not be used to invalidate collective bargaining agreements in effect on and after June 30, 2007, and such actions may be included in collective bargaining agreements.

LAB, FIN

HEARD ON THURSDAY, MARCH 29, AGENDA # 1:

SB 1283

SD2, HD1

(HSCR1431)

RELATING TO THE HAWAII TOBACCO SETTLEMENT SPECIAL FUND.

Allows University of Hawaii to use its allotment of moneys from the Hawaii tobacco settlement special fund to pay for operating expenses of the new medical school facility in addition to paying debt service.

HED/HLT, FIN

HEARD ON THURSDAY, MARCH 29, AGENDA # 4:

SB 952

SD2

(HSCR1285)

RELATING TO KAHUKU HOSPITAL.

Authorizes the Hawaii health systems corporation to acquire Kahuku hospital on negotiated terms. Requires the director of health to assume a facilitating role during the transition period. Makes an appropriation.

HLT, FIN

HEARD ON FRIDAY, MARCH 30, AGENDA # 2:

SB 1756

SD1, HD1

(HSCR1497)

RELATING TO IMPORTANT AGRICULTURAL LANDS.

Expedites the designation of important agricultural lands by the Land Use Commission (LUC) by repealing the existing landowner/farmer process and the county process, and allowing the LUC to initiate the designation process and allowing landowners to petition the LUC for designation. Allows the landowner petition for important agricultural land designation to take effect without the legislative enactment of incentive/protection legislation. Establishes a list of permitted uses for important agricultural lands. Revises the list of permitted uses for agricultural lands.

WLH/AGR, FIN

SB 1718

HD1

(HSCR1319)

RELATING TO THE ISSUANCE OF SPECIAL PURPOSE REVENUE BONDS FOR ELECTRICAL GENERATION ON THE ISLAND OF MAUI.

Authorizes special purpose revenue bonds to BlueEarth Maui Biodiesel, LLC, for construction of a biodiesel refinery on Maui.

EEP, FIN

HEARD ON FRIDAY, MARCH 30, AGENDA # 3:

SB 1612

SD2, HD1

(HSCR1437)

RELATING TO GREENHOUSE GAS EMISSIONS.

Requires the Department of Health to adopt reporting and verification of statewide greenhouse gas emissions and to monitor and enforce compliance. Requires adoption of a statewide greenhouse gas emissions limit equivalent to the statewide greenhouse gas emissions levels in 1990 to be achieved by 2020. Requires the adoption of rules to achieve the maximum technologically feasible and cost-effective greenhouse gas emission reductions. Authorizes the adoption of market-based compliance mechanisms.

EEP, FIN

HEARD ON MONDAY, APRIL 2, AGENDA # 1:

SB 898

SD1, HD1

(HSCR1504)

RELATING TO HIGH TECHNOLOGY TAX INCENTIVES.

Requires Department of Taxation to report to the Legislature on all available information and data collected from high technology businesses and thereafter submit an annual report of summary statistics on tax incentives and an evaluation of the effectiveness of high tech investment and research tax credits. Requires qualified high technology businesses benefiting from the high tech business investment and research activities tax credits to submit employment information to the Department of Taxation. Appropriates funds.

EDB, FIN

HEARD ON MONDAY, APRIL 2, AGENDA # 2:

SB 1920

SD2, HD1

(HSCR1459)

RELATING TO TAXATION.

Improves the administration and transparency of the Motion Picture, Digital Media, and Film Production Tax Credit. Repeals the Hawaii Television and Film Development Board.

TAC/EDB, FIN

HEARD ON MONDAY, APRIL 2, AGENDA # 3:

SB 1919

SD2, HD1

(HSCR1444)

RELATING TO ASSET BUILDING.

Establishes a self‑sufficiency standard that will determine the assistance allowance. Establishes a refundable state earned income tax credit. Provides financial education to TANF applicants and recipients. Expands the provision of individual development accounts. Appropriates funds.

HSH, FIN

SB 1504

SD2

(SSCR669)

RELATING TO ELECTRONIC FILING OF TAX RETURNS.

Requires that the department of taxation, by rule adopted pursuant to chapter 91, Hawaii Revised Statutes, shall require the electronic, telephonic, or optical filing of tax returns under certain conditions; provides that a service fee shall not be required.

FIN

HEARD ON MONDAY, APRIL 2, AGENDA # 4:

SB 1093

SD2

(HSCR1415)

RELATING TO OCEAN HEALTH CONSENSUS.

Appropriates funds for the center for conservation research and training at the University of Hawaii to develop and implement an ocean health consensus project to build community based consensus in Hawaii for managing ocean ecosystem resources.

WLH, FIN

AS THIS IS A DECISION MAKING MEETING ONLY, NO PUBLIC TESTIMONY WILL BE ACCEPTED.

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.

FOR FURTHER INFORMATION, PLEASE CALL THE COMMITTEE CLERK AT 586-6200.

SELECTED HEARINGS ARE BROADCAST LIVE. CHECK THE CURRENT LEGISLATIVE BROADCAST SCHEDULE ON THE "CAPITOL TV" WEB SITE AT WWW.CAPITOLTV.ORG OR CALL 550-8074 FOR A LISTING.

________________________________________

Rep. Marcus R. Oshiro

Chair