HOUSE OF REPRESENTATIVES

THE TWENTY-NINTH LEGISLATURE

REGULAR SESSION OF 2017

 

COMMITTEE ON FINANCE

Rep. Sylvia Luke, Chair

Rep. Ty J.K. Cullen, Vice Chair

 

Rep. Romy M. Cachola

Rep. Nicole E. Lowen

Rep. Isaac W. Choy

Rep. Nadine K. Nakamura

Rep. Lynn DeCoite

Rep. James Kunane Tokioka

Rep. Cedric Asuega Gates

Rep. Sean Quinlan

Rep. Daniel Holt

Rep. Kyle T. Yamashita

Rep. Jarrett Keohokalole

Rep. Andria P.L. Tupola

Rep. Bertrand Kobayashi

Rep. Gene Ward

Rep. Matthew S. LoPresti

 

 

NOTICE OF HEARING

 

DATE:

Tuesday, February 28, 2017

TIME:

1:00 P.M.

PLACE:

Conference Room 308

State Capitol

415 South Beretania Street

 

A G E N D A #  2

 

HB 599, HD1

(HSCR647)

Status

RELATING TO THE HAWAII STATE PLAN.

Amends Hawaii State Planning Act to prioritize housing opportunities for extremely low- to above moderate- income households, require periodic updates to functional plans, and amend member nomination process for advisory committees for the functional plans.

 

EDB, FIN

HB 587, HD1

(HSCR428)

Status

RELATING TO SMALL BUSINESS.

Appropriates funds to the Department of Business, Economic Development, and Tourism to provide additional resources to the Small Business Regulatory Review Board.

 

EDB, FIN

HB 521, HD1

(HSCR314)

Status

RELATING TO BUSINESS DEVELOPMENT.

Establishes the high-growth grant program and special fund to provide grants to qualified businesses for certain business development activities.  Makes appropriations.

 

EDB, FIN

HB 597, HD1

(HSCR640)

Status

RELATING TO ECONOMIC DEVELOPMENT.

Establishes within the Department of Business, Economic Development, and Tourism a broadband coordinator to create the state broadband plan.  Requires report to the Legislature.  Appropriates funds.

 

EDB, FIN

HB 911, HD1

(HSCR427)

Status

RELATING TO THE HIGH TECHNOLOGY DEVELOPMENT CORPORATION.

Requires the High Technology Development Corporation to establish and administer a High Technology Shared Equipment Program to allow companies to share high technology equipment.  Appropriates funds.

 

EDB, FIN

HB 1327, HD1

(HSCR310)

Status

RELATING TO THE HIGH TECHNOLOGY DEVELOPMENT CORPORATION.

Appropriates funds for the Manufacturing Development Program.

 

 

EDB, FIN

HB 1329, HD1

(HSCR305)

Status

RELATING TO TECHNOLOGY DEVELOPMENT.

Appropriates funds for grants to participants in the 2017 and 2018 Hawaii annual code challenges so that the proof of concepts created during the challenges can be developed into prototypes.  Requires matching funds.  Effective 7/1/2038.

 

EDB, FIN

HB 1449, HD1

(HSCR316)

Status

RELATING TO INNOVATION BUSINESS INTERACTION.

Establishes the impact loan fund for Hawaii (HI-impact loan program) in the High Technology Development Corporation to support dual-use technology small businesses.  Establishes the HI-impact special fund.  Appropriates funds.  Effective July 1, 2038.

 

EDB, FIN

HB 598, HD1

(HSCR318)

Status

RELATING TO CYBERSECURITY.

Establishes a Cyber Hawaii Pilot Project in the Office of the Vice President for Research and Innovation at the University of Hawaii to plan, develop, and implement a cyber ecosystem that addresses the many aspects of cybersecurity.  Appropriates funds.  Effective 7/1/2038.

 

EDB, FIN

HB 627, HD2

(HSCR678)

Status

RELATING TO PUBLIC-PRIVATE PARTNERSHIPS.

Establishes and funds a State Public-Private Partnership Coordinator position within the Department of Business, Economic Development and Tourism to manage public-private partnerships entered into by the State and associated contracts, proposals, and negotiations.  Public-private partnerships entered into by Hawaii public housing authority are exempted from this Act.

 

EDB, JUD, FIN

HB 909, HD2

(HSCR672)

Status

RELATING TO THE UNIVERSITY OF HAWAII.

Establishes a Center for Commercialization at the University of Hawaii to commercially use intellectual property generated from research at the University for the benefit of the State and its residents.  Appropriates funds.

 

EDB, HED, FIN

HB 1044

(HSCR433)

Status

RELATING TO RENEWABLE FUELS TAX CREDIT.

To replace the Department of Business, Economic Development, and Tourism requirements related to the certification, administration and verification of the renewable fuels production tax credit with a survey.

 

EDB/EEP, FIN

HB 1559, HD1

(HSCR581)

Status

RELATING TO FOOD SAFETY.

Appropriates funds to DBEDT in each of fiscal years 2017-2018 and 2018-2019 to address the FDA's industry guidance on the use of color additives in sea salt products.

 

EDB, HLT, FIN

HB 1330, HD1

(HSCR648)

Status

RELATING TO COMMON INTEREST AGRICULTURAL COMMUNITIES.

Establishes common interest agricultural communities.

 

 

EDB, FIN

HB 1326, HD1

(HSCR315)

Status

RELATING TO WORKFORCE DEVELOPMENT.

Appropriates funds for a basalt rebar market study.  Effective July 1, 2038.

 

 

EDB, FIN

HB 574, HD1

(HSCR425)

Status

RELATING TO THE PACIFIC INTERNATIONAL SPACE CENTER FOR EXPLORATION SYSTEMS.

Establishes an excise tax on basalt cinder and trap rock sold by wholesalers or dealers.  Provides that the excise tax is paid into the Basalt Materials Research Account within the Pacific International Space Center for Exploration Systems Special Fund.  Sunsets December 31, 2030.

 

EDB, FIN

HB 590, HD1

(HSCR431)

Status

RELATING TO THE CREATIVE MEDIA INDUSTRY.

Establishes the Hawaii Creative Industries Advisory Group while retaining the Film Industry Branch and Creative Industries Division of DBEDT.  Repeals the Hawaii Television and Film Development Board along with the grant and venture capital programs that were implemented by the Board.  Renames the Hawaii Television and Film Development Special Fund as the Creative Media and Film Infrastructure Special Fund.  Expands funding sources for the Creative Media and Film Infrastructure Special Fund to support creative industries development within DBEDT.  Amends the purposes for which the Creative Media and Film Infrastructure Special Fund may be used.  Provides general excise and use tax exemptions for operations and improvements of the Hawaii Film Studio.  Makes an appropriation.

 

EDB, FIN

HB 423, HD1

(HSCR432)

Status

RELATING TO FILM AND DIGITAL MEDIA INDUSTRY DEVELOPMENT.

Amends the Motion Picture, Digital Media, and Film Production Income Tax Credit by providing an additional credit option for payroll costs in a county with a population of 700,000 or less; permitting the option of offering the State an alternative marketing opportunity; adding new verification and reporting requirements; and extending the repeal of the credit until January 1, 2024.

 

EDB, FIN

HB 593, HD1

(HSCR312)

Status

RELATING TO RESEARCH ACTIVITIES.

Provides that, notwithstanding provisions of the Internal Revenue Code to the contrary, the amount of the state tax credit for research activities shall be calculated based on all qualified research expenses for the taxable year.  Appropriates funds for a compliance specialist position within DOTAX to assist with administration of the tax credit.

 

EDB, FIN

HB 594, HD1

(HSCR311)

Status

RELATING TO THE MARITIME INDUSTRY GRANT PROGRAM.

Establishes within the Department of Business, Economic Development, and Tourism the Maritime Industry Grant Program to enhance maritime productivity and workforce development.

 

EDB, FIN

HB 591, HD1

(HSCR430)

Status

RELATING TO THE CAPITAL INFRASTRUCTURE TAX CREDIT.

Includes structures, machinery, equipment, and capital assets in the definition of capital infrastructure costs for the Capital Infrastructure Tax Credit.  Sets cap on credit per taxable year per qualified infrastructure tenant.  Specifies that excess tax credits may be carried forward.  Recaptures credit if qualified infrastructure tenant fails to relocate within a certain period of time after executing a lease with the Department of Transportation.  Specifies taxpayer reporting requirements.

 

EDB, FIN

 

 

 

 

DECISION MAKING TO FOLLOW

 

Persons wishing to offer comments should submit testimony at least 24 hours prior to the hearing.  Testimony should indicate:

·     Testifier's name with position/title and organization;

·     The Committee(s) to which the comments are directed;

·     The date and time of the hearing; and

·     Measure number. 

 

While every effort will be made to incorporate all testimony received, materials received on the day of the hearing or improperly identified or directed, may be distributed to the Committee after the hearing.

 

Submit testimony in ONE of the following ways:

PAPER:  2 copies to Room 306 in the State Capitol;

FAX:       For testimony less than 5 pages in length, transmit to 1-800-535-3859 (for Neighbor Islander without a computer to submit testimony through e-mail or the Web); or

WEB:     For testimony less than 10MB in size, transmit from http://www.capitol.hawaii.gov/submittestimony.aspx.

 

Testimony submitted will be placed on the legislative website.  This public posting of testimony on the website should be considered when including personal information in your testimony.

 

If you require special assistance or auxiliary aids and/or services to participate in the House public hearing process (i.e., sign or foreign language interpreter or wheelchair accessibility), please contact the Committee Clerk at 586-6200 or email your request for an interpreter to [email protected] at least 24 hours prior to the hearing for arrangements.  Prompt requests submitted help to ensure the availability of qualified individuals and appropriate accommodations.

 

Selected meetings are broadcast live.  Check the current legislative broadcast schedule on the "Capitol TV" website at www.capitoltv.org or call 536-2100.

 

 

 

 

________________________________________

Rep. Sylvia Luke

Chair