| Measure Title: | RELATING TO CAPITAL INVESTMENTS. |
| Report Title: | Capital Investments ($) |
| Description: | 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. |
| Package: | Governor's Package |
| Companion: | HB2396 |
| Introducer(s): | BUNDA (BR) |
| Current Referral: | SAT/ECD, WAM |
| Date | Status Text | |
|---|---|---|
| 1/26/2004 | S | Introduced. |
| 1/28/2004 | S | Passed First Reading. |
| 2/2/2004 | S | Referred to SAT/ECD, WAM. |
| 2/5/2004 | S | The committee on SAT/ECD has scheduled a public hearing on 02-10-04 at 1:15 pm in conference room 229. |
| 2/10/2004 | S | The measure is deferred. |
| 2/13/2004 | S | The committee on SAT/ECD will hold a public decision making on 02-17-04 at 2:15 pm in conference room 225. |
| 2/17/2004 | S | The committee on SAT/ECD deferred the measure until 02-19-04 at 1:15 pm in conference room 229. |
| 2/19/2004 | S | The committee(s) on ECD recommend(s) that the measure be HELD. The votes in ECD were as follows: 6 Aye(s): Senator(s) Fukunaga, Aduja, Ige, Ihara, Kawamoto, Trimble; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Kanno. |
| 2/19/2004 | S | The committee(s) on SAT recommend(s) that the measure be HELD. The votes in SAT were as follows: 5 Aye(s): Senator(s) Ige, Aduja, English, Fukunaga, Hemmings; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none. |
$ = Appropriation measure
ConAm = Constitutional Amendment