THE SENATE
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Senator Carol Fukunaga, Chair |
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Senator Will Espero, Vice Chair |
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DATE: |
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TIME: |
1:15 p.m. |
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PLACE: |
Conference Room 224 State Capitol 415 South Beretania Street |
DECISION MAKING ON THE FOLLOWING MEASURE(S):
(Deferred from Thursday, February 14, 2008)
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RELATING TO A FIRE SPRINKLER TAX DEDUCTION. Provides an income tax deduction to residential unit owner occupants for qualifying costs of installation of an automatic fire sprinkler system installed after 12/31/08. (SD1)
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CPH, EDT, WAM |
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RELATING TO LOSS MITIGATION. Establishes a wind resistive devices tax credit for the purchase and installation of wind resistive devices in a non-condominium residential dwelling. Appropriates funds out of the loss mitigation grant fund to enable the loss mitigation grant program to continue until the tax credit becomes available. (SD1)
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CPH, EDT, WAM |
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RELATING TO BIODIESEL. Provides various market stimulation incentives for the development of biodiesel, including making state agricultural lands available for biodiesel fuel crops; establishing a state biodiesel feedstock crop and biodiesel fuel purchasing program; and creating tax exemptions for biomass crushing facilities and lands used for biodiesel feedstock crops. (SD1)
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ENE/AHW, EDT, WAM |
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RELATING TO LIFE SCIENCES. Provides for an income tax credit amounting to fifteen per cent of qualified clinical trials incurred, in any county of Hawaii with a population over 700,000, and twenty per cent in any county with a population of 700,000 or less. Establishes criteria to qualify for the tax credit. Caps credit at $8,000,000 per clinical trial. (SD1)
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HTH, EDT, WAM |
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RELATING TO TAXATION. Establishes tax credit for the rehabilitation of historic structures.
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EDT, WAM |
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No testimony will be accepted.
FOR FURTHER INFORMATION, PLEASE CALL THE COMMITTEE CLERK AT 808-586-6890.