THE SENATE
THE TWENTY-SIXTH LEGISLATURE
REGULAR SESSION OF 2011

COMMITTEE ON ECONOMIC DEVELOPMENT AND TECHNOLOGY
Senator Carol Fukunaga, Chair
Senator Glenn Wakai, Vice-Chair

MEASURES DEFERRED TO FRIDAY, FEBRUARY 04, 2011

DATE:

Friday, February 04, 2011

TIME:

2:30 PM

PLACE:

Conference Room 016
State Capitol
415 South Beretania Street

DECISION MAKING ON THE FOLLOWING MEASURE(S):

SB753
Testimony

Status

RELATING TO HIGH TECHNOLOGY.
Establishes a tax credit for ten per cent of qualified labor costs; extends the tax credit for qualified research activities for five years.

EDT, WAM

SB755
Testimony

Status

RELATING TO ECONOMIC DEVELOPMENT.
Creates annual exemption from general excise tax on purchase of: school supplies of less than $15 per item; computers, computer software, and computer supplies of less than $1,500 per purchase; clothing of less than $100 per item; and books of less than $50 per item, made beginning on Wednesday of the last full week of July and ending in 5 days on the following Sunday.

EDT, WAM

SB757
Testimony

Status

RELATING TO SMALL BUSINESS.
Appropriates funds for the capital loan program established under chapter 210, Hawaii Revised Statutes.

EDT, WAM

SB952
Testimony

Status

RELATING TO THE BUSINESS DEVELOPMENT FUND.
Authorizes the director of business, economic development, and tourism to establish fees for services and costs for business development.  Establishes the business development fund, from which the director of business, economic development, and tourism may fund the operations of the department.

EDT, WAM
[Measure added on 2/4/2011]

SB1218
Testimony

Status

RELATING TO A COMMERCIAL LOAN PROGRAM FOR SMALL BUSINESSES.
Creates a temporary small revolving loan program within DBEDT for small businesses on Lanai.

EDT, WAM
[Measure added on 2/4/2011]

No testimony will be accepted.

FOR FURTHER INFORMATION, PLEASE CONTACT THE COMMITTEE CLERK AT 808-586-6890.