THE LEGISLATURE

THE TWENTY-FIFTH LEGISLATURE

REGULAR SESSION OF 2009

 

COMMITTEE ON ECONOMIC DEVELOPMENT AND TECHNOLOGY

Senator Carol Fukunaga, Chair

Senator Rosalyn H. Baker, Vice Chair

 

COMMITTEE ON ECONOMIC REVITALIZATION, BUSINESS, & MILITARY AFFAIRS

Rep. Angus L.K. McKelvey, Chair

Rep. Isaac W. Choy, Vice Chair

 

NOTICE OF INFORMATIONAL BRIEFING

 

DATE:

Tuesday, January 20, 2009

TIME:

9:00 a.m.

PLACE:

Conference Room 325

State Capitol

415 South Beretania Street

 

A G E N D A

 

In recent weeks, the State's tech tax incentives, Act 221-215 have been widely discussed in conjunction with Department of Taxation's 2008 reports on the usage and impact of the credit.  The purpose of this informational briefing is to provide an overview on the usage, fiscal impacts and public benefits of the tax credits.  Speakers will include industry experts, Department of Taxation and Act 221 businesses speaking about their experiences with these incentives.

 

●  How did Act 221 arise?

     Ray Kamikawa, J.D.                  

     Chun Kerr Dodd Beaman & Wong                                           

 

Testimony

●  Department of Taxation Reports on Act 221 (September and December 2008)

     Kurt Kawafuchi, Director

     Department of Taxation

 

Testimony

●  Experiences of Act 221 Businesses            

     Jeffrey Au, PacifiCap Group, LLC            

     David Watumull, Cardax Pharmaceuticals, Inc.

Testimony

 

No testimony from the public will be accepted.

 

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

 

FOR FURTHER INFORMATION, PLEASE CALL THE COMMITTEE CLERK AT 586-6934 OR 586-6160.

 

 

________________________________________

Rep. Angus L.K. McKelvey

Chair

 

________________________________________

Senator Carol Fukunaga

Chair