THE SENATE
THE TWENTY-SIXTH LEGISLATURE
REGULAR SESSION OF 2012

COMMITTEE ON TOURISM
Senator Donna Mercado Kim, Chair
Senator Ronald D. Kouchi, Vice-Chair

MEASURES DEFERRED TO TUESDAY, FEBRUARY 14, 2012

DATE:	Tuesday, February 14, 2012
TIME:	1:15 PM
PLACE:	Conference Room 224 State Capitol 415 South Beretania Street

DECISION MAKING ON THE FOLLOWING MEASURE(S):

SB3048 Status and Testimony	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.	TSM, WAM
SB3049 Status and Testimony	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.	TSM, WAM

No testimony will be accepted.

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.

FOR FURTHER INFORMATION, PLEASE CONTACT THE COMMITTEE CLERK AT 808-587-7200.