THE TWENTY-SIXTH LEGISLATURE
REGULAR SESSION OF 2012
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Senator Donna Mercado Kim, Chair |
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Senator Ronald D. Kouchi, Vice Chair |
NOTICE OF HEARING
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DATE: |
Tuesday, February 7, 2012 |
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TIME: |
1:15 P.M. |
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PLACE: |
Conference Room 224 State Capitol 415 South Beretania Street |
A G E N D A
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RELATING TO TRAVEL AND TOURISM STIMULUS INITIATIVES. Provides a general excise tax exemption for hotel and resort construction and renovation and for the operation of these hotels and resorts for seven years after completion of construction and renovation; requires construction and renovation of a hotel facility or resort facility to be completed by 6/30/2017 to be eligible for the exemption.
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TSM, WAM |
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RELATING TO TAXATION. Establishes a hotel construction and remodeling tax credit of ten per cent of the construction or renovation costs incurred during the taxable year for each qualified hotel facility located in Hawaii; applies to taxable years beginning after 12/31/2011, and ending 12/31/2017.
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TSM, WAM |
Decision Making to follow, if time permits.
Click here to submit testimony to the Senate Committee on Tourism.
Testimony may be submitted up to 24 hours prior to the start of the hearing.
FOR AMENDED NOTICES: Measures that have been deleted are stricken through and measures that have been added are underscored. If a measure is both underscored and stricken through, that measure has been deleted from the agenda.
If you require auxiliary aids or services to participate in the public hearing process (i.e. ASL or foreign language interpreter, or wheelchair accessibility), please contact the committee clerk at least 24 hours prior to the hearing so that arrangements can be made.
FOR FURTHER INFORMATION, PLEASE CALL THE COMMITTEE CLERK AT 586-8433.
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_____________________________________ Senator Donna Mercado Kim Chair |