HOUSE OF REPRESENTATIVES

THE TWENTY-SIXTH LEGISLATURE

REGULAR SESSION OF 2012

 

COMMITTEE ON FINANCE

Rep. Marcus R. Oshiro, Chair

Rep. Marilyn B. Lee, Vice Chair

 

Rep. Isaac W. Choy

Rep. Chris Lee

Rep. Ty Cullen

Rep. Dee Morikawa

Rep. Heather Giugni

Rep. James Kunane Tokioka

Rep. Sharon E. Har

Rep. Kyle T. Yamashita

Rep. Mark J. Hashem

Rep. Barbara C. Marumoto

Rep. Linda Ichiyama

Rep. Gil Riviere

Rep. Jo Jordan

Rep. Gene Ward

Rep. Derek S.K. Kawakami

 

 

AMENDED NOTICE OF HEARING

 

DATE:

Monday, April 02, 2012

TIME:

5:00 P.M.

PLACE:

Conference Room 308

State Capitol

415 South Beretania Street

 

A M E N D E D A G E N D A # 4

 

The following measure(s) has been DELETED from the agenda: SB 2421, SD1, HD1

 

SB 2421, SD1, HD1

(HSCR1077-12)

Status

RELATING TO PUBLIC ACCOUNTANCY.

Establishes a peer review process for public accounting firms that engage in attest work. Effective July 1, 2012.

 

 

ERB, FIN

SB 3062, SD1, HD1

(HSCR1120-12)

Status

RELATING TO INSURANCE.

Enacts the Life Settlements Model Act, which establishes consumer protections in life settlement transactions where the owner of a life insurance policy transfers the death benefit for compensation that is less than the expected death benefit, but more than the surrender value of the policy. Effective July 1, 2012.

 

CPC, FIN

SB 2434, SD1, HD2

(HSCR1296-12)

Status

RELATING TO THE HAWAII HEALTH INSURANCE EXCHANGE.

Requires the Hawaii Health Connector to conduct an assessment before establishing a program to serve the individual and the small group markets. Establishes a navigator program. Clarifies the conduct of board meetings. Establishes staggered terms for board members and clarifies board composition. Clarifies role of the Department of Human Services in determining Medicaid eligibility. Effective July 1, 2050.

 

HLT, CPC, FIN

SB 3010, SD2

(HSCR1156-12)

Status

RELATING TO TRANSPORTATION.

Temporarily exempts DOT and its contractors from certain state requirements for certain bridge rehabilitation projects.

 

TRN/EEP, FIN

SB 2030, SD2, HD1

(HSCR1226-12)

Status

RELATING TO PROCUREMENT.

Allows the procurement officer to expand the scope of work in a bid for a listed subcontractor, with certain conditions, after bid opening. Effective July 1, 2112.

 

ERB, FIN

SB 755, SD2, HD2

(HSCR1307-12)

Status

RELATING TO ECONOMIC DEVELOPMENT.

Part II temporarily exempts airport structures and improvements from the special management area permit and shoreline setback variance requirements when the structures and improvements are necessary to comply with FAA regulations. Part III temporarily authorizes the department of land and natural resources and department of transportation, with the approval of the governor, to exempt department projects from the special management area permit and shoreline setback variance requirements. Part IV exempts all work involving submerged lands used for state commercial harbor purposes from any permit and site plan review requirements for lands in the conservation district. Part V temporarily authorizes a more streamlined process for exempting state and county projects from the environmental review process of chapter 343, HRS, and reduces the deadline for challenging the lack of an environmental assessment for a state or county project.

 

WLO/EEP, FIN

SB 2111, SD2, HD1

(HSCR1265-12)

Status

RELATING TO FILM AND DIGITAL MEDIA INDUSTRY DEVELOPMENT.

Extends the motion picture, digital media, and film production tax credit to January 1, 2025, from January 1, 2016. Raises the qualified production tax credit ceiling to $16,000,000 from $8,000,000. Separates the calculation of the credit amount based on wages and salaries from the credit amount based on other qualified production costs, plus an additional five per cent credit amount on wages and salaries of cast, crew, and musicians who are state residents and qualified production costs paid to Hawaii venders and suppliers. Effective January 1, 2112.

ERB, 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: 2 copies to Room 306, in the State Capitol;

FAX: For comments less than 5 pages in length, transmit to 586-6001 (Oahu) or 1-800-535-3859 (for Neighbor Islanders without a computer to submit testimony through e-mail or the Web); or

WEB: For comments less than 4MB in size, transmit from the Web page at http://www.capitol.hawaii.gov/submittestimony.aspx.

 

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 586-6200 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 536-2100.

 

 

 

 

 

________________________________________

Rep. Marcus R. Oshiro

Chair