HOUSE OF REPRESENTATIVES

THE TWENTY-SECOND LEGISLATURE

REGULAR SESSION OF 2004

COMMITTEE ON ECONOMIC DEVELOPMENT AND BUSINESS CONCERNS

Rep. Brian Schatz, Chair

Rep. Glenn Wakai, Vice Chair

Rep. Felipe P. Abinsay, Jr.

Rep. Alex M. Sonson

Rep. Jerry L. Chang

Rep. Tulsi Gabbard Tamayo

Rep. Robert N. Herkes

Rep. Mark G. Jernigan

Rep. Jon Riki Karamatsu

Rep. Bertha F.K. Leong

Rep. Michael Y. Magaoay

Rep. Barbara Marumoto

Rep. Blake K. Oshiro

Rep. Guy P. Ontai

NOTICE OF HEARING

DATE:

Thursday, February 19, 2004

TIME:

9:45 A.M.

PLACE:

Conference Room 325

State Capitol

415 South Beretania Street

A G E N D A

HB 2210

HD1

(HSCR134-04)

RELATING TO ECONOMIC DEVELOPMENT.

Requiring value engineering and charrette services for construction, infrastructure, and transportation projects that cost more than $2.5 million dollars. (HB2210 HD1)

EDB, FIN

HB 2142

RELATING TO BUSINESS PRACTICES.

Implements short form bill relating to business practices.

EDB, JUD

 

 

HB 2396

Decision making only on the following measures previously deferred, no testimony will be taken:

RELATING TO CAPITAL INVESTMENTS.

Proposes a 20% refundable tax credit for scientific research by qualified research and development companies. Clarifies the existing investment tax credit. Extends the technology infrastructure renovation tax credit. Proposes to establish a 20% business-research institute tax credit. Creates the Hawaii Private Investment Fund Program to increase the availability of equity and debt capital for the emerging, expanding, and restructuring enterprises. Appropriates $20 million from the Hawaii Strategic Development Corporation revolving fund for the operation of Program.

 

 

 

EDB, FIN

HB 2576

RELATING TO CAPITAL FORMATION.

Adopts new capital formation incentives.

EDB, FIN

HB 2765

RELATING TO CORPORATE ACCOUNTABILITY.

Establishes safeguards to encourage corporate accountability and provides mechanisms to ensure efficient use of state funds given to corporations in the form of economic incentives.

EDB, JUD, FIN

HB 2634

RELATING TO SECURITIES FOR THE PROTECTION OF PUBLIC FUNDS.

Authorizes the use of certificates of deposit issued through the Certificate of Deposit Account Registry Service to secure public funds.

EDB, CPC

HB 2034

HD1

(HSCR33-04)

RELATING TO BIOPROSPECTING.

Prohibits the sale or transfer of biological resources or biological diversity on public lands; establishes a temporary bioprospecting advisory commission to address issues related to bioprospecting, including equitable benefit sharing, and appropriates funds to enable the commission to develop a comprehensive bioprospecting plan; to be repealed June 30, 2007. (HB2034 HD1)

EEP/WLH, EDB, FIN

     

 

DECISION MAKING TO FOLLOW

PERSONS WISHING TO TESTIFY ARE REQUESTED TO SUBMIT 30 COPIES OF THEIR TESTIMONY AT LEAST 24 HOURS PRIOR TO THE HEARING TO: (1) THE COMMITTEE'S VICE CHAIR IN ROOM 316, STATE CAPITOL, OR (2) THE HOUSE SGT.-AT-ARMS TESTIMONY DROP OFF BOX IN THE TURNAROUND AREA OF THE CAPITOL BASEMENT PARKING LOT. TESTIMONY MAY BE FAXED TO THE HOUSE SGT.-AT-ARMS OFFICE AT: 586-6501 (OAHU) OR 1-800-535-3859 (NEIGHBOR ISLANDS). WHEN FAXING, PLEASE INDICATE TO WHOM THE TESTIMONY IS BEING SUBMITTED, THE DATE AND TIME OF THE HEARING, AND THE REQUIRED NO. OF COPIES THAT IS NEEDED FOR SUBMITTAL.

IT IS ALSO REQUESTED THAT THE COPIES BE ON ONE SIDE OF AN 8-1/2" X 11" SHEET WITH TWO HOLES PUNCHED AT THE TOP. FOR FURTHER INFORMATION, PLEASE CALL THE COMMITTEE CLERK AT 586-6357.

IF YOU REQUIRE SPECIAL ASSISTANCE OR AUXILIARY AIDS AND/OR SERVICES TO PARTICIPATE IN THE PUBLIC HEARING PROCESS OF THE STATE HOUSE (I.E., SIGN LANGUAGE INTERPRETER, WHEELCHAIR ACCESSIBILITY, OR PARKING DESIGNATED FOR THE DISABLED), PLEASE CONTACT THE COMMITTEE CLERK AT LEAST 24 HOURS PRIOR TO THE HEARING SO ARRANGEMENTS CAN BE MADE.

 

 

________________________________________

Rep. Brian Schatz

Chair