RELATING TO PERMITS AND FEES FOR STATE SMALL BOAT HARBORS

Terminates any commercial vessel mooring or commercial permits upon the sale of the business; sets minimum revenue standards at $6,000 in gross revenue per year.

RELATING TO THE ECONOMY

Establishes a council to advise and assist the legislature on the economy.

RELATING TO ELECTRONIC MAIL

Add a new chapter on misleading electronic mail; prohibitions and violations; sets damage amounts.

MAKING AN APPROPRIATION TO DEVELOP HAWAII AS THE GENEVA OF THE PACIFIC TO STIMULATE THE STATE’S ECONOMY

Directs DBEDT to develop a Strategic Plan for the development of Hawaii as a Geneva of the Pacific.

RELATING TO ENTERPRISE ZONES

Extends general excise tax exemption of enterprise zone to retailers in East Maui until June 30, 2007.

MAKING AN APPROPRIATION FOR THE PLANNING AND DESIGN OF AN OCEAN PARK IN RELATION TO ECONOMIC DEVELOPMENT

Appropriates $250,000 to plan and design an ocean park.

RELATING TO SMALL BUSINESS

To remove the June 30, 2002 sunset date for the Regulatory Flexibility Act and make other changes to more effectively assist small businesses.

RELATING TO THE CAPITAL LOAN PROGRAM

Change the frequency for adjustment of the loan interest rate for the Hawaii capital loan program from semiannual to the first of each month.

RELATING TO ENTERPRISE ZONES

Change method of calculating the number of employees needed to meet the annual hiring requirements of the Hawaii enterprise zone (EZ) program in response to unanticipated layoffs or terminations caused by the incidents on September 11, 2001. Also eliminate the use tax exemption for EZ-qualified firms.

RELATING TO HIGH TECHNOLOGY TAX INCENTIVES

Clarify the application of certain high technology tax incentives.

RELATING TO INTELLECTUAL PROPERTY

Allows the department of business, economic development, and tourism to provide intellectual property insurance assistance to inventors and owners of intellectual property to protect their patents, copyrights, trademarks and trade dress.

RELATING TO ECONOMIC DEVELOPMENT

Establishes a new section which allows a tax income exclusion for income from live entertainment.

RELATING TO EDUCATION

Promotes the development of educational materials as an industry in Hawaii.

MAKING AN APPROPRIATION FOR SMALL BUSINESS DEVELOPMENT

Appropriates $1,225,000 to extend the economic development program of the Small Business Development Center at the University of Hawaii at Hilo.

(Please note: The Committee on EDU will hold its decision making on Thursday, February 14, 2002 at 11:00 am in conference room 229.)

RELATING TO PARKS

Creates a task force to transfer jurisdiction over state parks from DLNR to the counties.

RELATING TO STATE PARKS

Authorizes the annual transfer of up to $4 million in excess moneys in the tourism special fund into the state parks special fund. Appropriates moneys from the state parks special fund to support the operation and maintenance of the state parks system.

RELATING TO ALOHA STADIUM

Requires the stadium authority to review and compare the current artificial turf with more technologically advanced turf products.

RELATING TO MOTION PICTURE AND FILM PRODUCTION

Expands the tax credit fo rmotion picture and film production to include up to 22 per cent of the costs of wages and salaries; requires minimum total production costs.