HOUSE OF REPRESENTATIVES

THE TWENTY-FIFTH LEGISLATURE

REGULAR SESSION OF 2009

 

COMMITTEE ON ECONOMIC REVITALIZATION, BUSINESS, & MILITARY AFFAIRS

Rep. Angus L.K. McKelvey, Chair

Rep. Isaac W. Choy, Vice Chair

 

Rep. Lyla B. Berg

Rep. Clift Tsuji

Rep. Cindy Evans

Rep. Glenn Wakai

Rep. Joey Manahan

Rep. Jessica Wooley

Rep. K. Mark Takai

Rep. Gene Ward

Rep. James Kunane Tokioka

 

 

COMMITTEE ON ECONOMIC DEVELOPMENT AND TECHNOLOGY

Senator Carol Fukunaga, Chair

Senator Rosalyn H. Baker, Vice Chair

 

Sen. Clayton Hee

Sen. Sam Slom

Sen. David Y. Ige

 

 

CORRECTED NOTICE OF INFORMATIONAL BRIEFING

 

DATE:

Wednesday, January 28, 2009

TIME:

9:00 AM

PLACE:

Auditorium

State Capitol

415 South Beretania Street

 

A G E N D A

 

In recent weeks, the State's tech tax incentives, Act 221 and 215 have been widely discussed in conjunction with the Department of Taxation's 2008 reports on the usage and impact of the credits.  The purpose of this informational briefing is to provide an overview of the benefits and disadvantages of the tax credits.

 

·                                                                             Overview of Hawaii's Tech/Diversified Economy

 

Lisa Gibson, President

Hawaii Science & Technology Council

 

·                                                                             Discussion of the Benefits of Act 221

 

Panelists:

 

David Watumull, CEO                                                                                                                      

Cardax Pharmaceuticals

 

Henk Rogers, Chairman

Blue Planet Software

 

 

Rep Bellinger, VP

Makai Ocean Engineering

 

Jason Lau, President

Talk Story Productions

 

Darren Kimura, CEO

Sopogy

 

·                                                                             Discussion on the Disadvantages of Act 221

 

Linda Smith, Senior Advisor for Governor Linda Lingle, will lead a panel of Act 221 speakers.

 

·                                                                             Discussion on the The Future of Act 221

 

Bill Spencer

Hawaii Venture Capital Association

 

Steven Loui, CEO

Navatek

 

Mealani Parish, Mechanical Engineer

Navatek

 

Scott Yamashita, Hydro Dynamic Engineer

Navatek

 

 

No testimony from the public will be accepted.

 

If you require special assistance or auxiliary aids and/or services to participate in the House public hearing process (i.e., sign or foreign language interpreter or wheelchair accessibility), please contact the Committee Clerk at 586-6160 or email your request for an interpreter to HouseInterpreter@Capitol.hawaii.gov at least 24 hours prior to the hearing for arrangements.  Prompt requests submitted help to ensure the availability of qualified individuals and appropriate accommodations.

 

For further information, please call the Committee Clerk at 586-6160 or 586-6934.

 

Selected meetings are broadcast live.  Check the current legislative broadcast schedule on the "Capitol TV" Web site at www.capitoltv.org OR call 550-8074.

 

 

 

________________________________________

Senator Carol Fukunaga

Chair

 

_____________________________________

Rep. Angus L.K. McKelvey

Chair