HOUSE OF REPRESENTATIVES

THE TWENTY-FIFTH LEGISLATURE

REGULAR SESSION OF 2009

 

COMMITTEE ON ECONOMIC REVITALIZATION, BUSINESS, & MILITARY AFFAIRS

Rep. Angus L.K. McKelvey, Chair

Rep. Isaac W. Choy, Vice Chair

 

Rep. Lyla B. Berg

Rep. Clift Tsuji

Rep. Cindy Evans

Rep. Glenn Wakai

Rep. Joey Manahan

Rep. Jessica Wooley

Rep. James Kunane Tokioka

Rep. Gene Ward

 

NOTICE OF HEARING

 

DATE:

Tuesday, February 17, 2009

TIME:

4:00 PM

PLACE:

Conference Room 329

State Capitol

415 South Beretania Street

 

A G E N D A

 

HB 727

Status

RELATING TO TECHNOLOGY TAX CREDITS.

Extends the high technology business investment, research, and technology infrastructure renovation tax credits from 12/31/2010, to 12/31/2015.

 

EBM, FIN

HB 1451

Status

RELATING TO TAXATION.

Extends the technology infrastructure renovation tax credit and the tax credit for research activities until 2015. Requires a ten per cent increase in workforce to continue claiming the research activited tax credit after two years. Provides for recapture of these tax credits if the business leaves Hawaii. Precludes claiming the high technology business investment tax credit for taxable years beginning after December 31, 2008.

 

EBM, FIN

HB 552

Status

RELATING TO THE HIGH TECHNOLOGY BUSINESS INVESTMENT TAX CREDIT.

Clarifies the definition of "qualified research" with respect to the high technology business investment tax credit.

 

EBM, FIN

 

DECISION MAKING TO FOLLOW

 

Persons wishing to offer comments should submit testimony at least 24 hours prior to the hearing with a transmittal cover indicating:

     Testifier's name with position/title and organization;

     The Committee the comments are directed to;

     The date and time of the hearing;

     Measure number; and

     The number of copies the Committee is requesting.

 

While every effort will be made to copy, organize, and collate all testimony received, materials received on the day of the hearing or improperly identified or directed to the incorrect office, may be distributed to the Committee after the hearing.

 

Submit testimony in ONE of the following ways:

PAPER: 3 copies (including an original) to Room 323 in the State Capitol;

FAX: For comments less than 5 pages in length, transmit to 586-8479 (Oahu) or 1-800-535-3859 (Neighbor Islands); or

EMAIL: For comments less than 5 pages in length, transmit to EBMtestimony@Capitol.hawaii.gov.

 

Testimony submitted will be placed on the Legislative Web site after the hearing adjourns. This public posting of testimony on the Web site 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 586-6160 or email your request for an interpreter to HouseInterpreter@Capitol.hawaii.gov 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" Web site at www.capitoltv.org OR call 550-8074.

 

 

 

 

 

________________________________________

Rep. Angus L.K. McKelvey

Chair