HOUSE OF REPRESENTATIVES

THE THIRTY-FIRST LEGISLATURE

REGULAR SESSION OF 2022

 

COMMITTEE ON ECONOMIC DEVELOPMENT

Rep. Sean Quinlan, Chair

Rep. Daniel Holt, Vice Chair

 

Rep. Della Au Belatti

Rep. Jackson D. Sayama

Rep. Dale T. Kobayashi

Rep. Gregg Takayama

Rep. Richard H.K. Onishi

Rep. Val Okimoto

 

 

NOTICE OF HEARING

 

DATE:

Friday, February 11, 2022

TIME:

10:00 AM

PLACE:

VIA VIDEOCONFERENCE

Conference Room 312

State Capitol

415 South Beretania Street

 

 

 

THE STATE CAPITOL IS CLOSED TO THE PUBLIC DURING THE ONGOING COVID-19 PANDEMIC

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A G E N D A

 

HB 1502

Status

RELATING TO SAFE NEIGHBORHOODS.

Allows a defendant who has been convicted of four misdemeanors in any business district or resort zoned area to be sentenced to a probationary term of geographic restriction not exceeding an unspecified number of years during which the defendant shall be prohibited from entering the district or area in which the acts occurred. Mandates imprisonment of thirty days for violation.

 

ECD, JHA

HB 1702

Status

RELATING TO TAXATION.

Exempts the net capital gain from the sale of a residential property by a taxpayer who is sixty-five years of age or older from the capital gains tax.

 

ECD, FIN

HB 1982

Status

RELATING TO TAXES.

Establishes a tax withholding requirement for all payments to loan-out companies for services performed in Hawaii for persons claiming the motion picture, digital media, and film production income tax credit. Prohibits the defense of erroneous claim for refund or credit if the claim for refund was generated by a tax credit. Sets the penalty for the erroneous claim for refund or credit generated by a tax credit at ten per cent. Requires taxpayers claiming the motion picture, digital media, and film production income tax credit to submit a sworn statement and verification review to the Department of Business, Economic Development, and Tourism only if qualified production costs exceed $1,000,000. Requires reports by the Department of Business, Economic Development, and Tourism to the Legislature on the motion picture, digital media, and film production income tax credit to identify the dollar amount claimed, name of company, and name of program claiming the credit. Extends the period during which excess credits may be claimed to December 31, 2032. Requires qualified taxpayers claiming the motion picture, digital media, and film production income tax credit to withhold a certain amount and remit that amount within thirty calendar days to the Department of Taxation to the credit of the general excise tax account of the loan-out company. Amends the uses of the Tax Administration Special Fund.

 

ECD, FIN

HB 1983

Status

RELATING TO THE DEPARTMENT OF BUSINESS, ECONOMIC DEVELOPMENT, AND TOURISM.

Establishes the state film coordinator in the department of business, economic development, and tourism to review, approve, and issue permits to film in the State. Appropriates funds.

 

ECD, FIN

HB 2082

Status

RELATING TO ECONOMIC DEVELOPMENT.

Requires the Department of Business, Economic Development, and Tourism to promote the acquisition of appropriate patents and copyrights for "Hawaii Made" products and to conduct a study and prepare a plan for the promotion and enforcement of either a "Hawaii Made" or "Made in Hawaii" program and evaluate which name to use.

 

ECD, FIN

HB 2086

Status

RELATING TO THE HAWAII FILM AND CREATIVE INDUSTRIES DEVELOPMENT SPECIAL FUND.

Expands funding sources and authorized uses of the Hawaii Film and Creative Industries Development Special Fund. Makes an appropriation out of the special fund.

 

ECD, FIN

HB 2131

Status

RELATING TO EARNED INCOME TAX CREDIT.

Extends the availability of the state earned income tax credit until tax year 2028.

 

ECD, FIN

HB 2225

Status

RELATING TO HAWAII TECHNOLOGY DEVELOPMENT CORPORATION.

Appropriates moneys to the Hawaii Technology Development Corporation for its manufacturing assistance programs.

 

ECD, FIN

HB 2228

Status

RELATING TO FILM INFRASTRUCTURE TAX CREDIT.

Creates a nonrefundable twenty percent film infrastructure tax credit. Requires that the film infrastructure project must spend at least $3,000,000 on buildings, facilities, or installations. Caps the credit at $10,000,000 per year.

 

ECD, FIN

HB 2409

Status

RELATING TO THE ECONOMY.

Establishes a public policy framework that addresses state goals in the areas of economic disaster mitigation, economic diversification, import substitution, and community development. Appropriates moneys to the Department of Business, Economic Development, and Tourism to implement specific projects that address those goals. Identifies additional projects authorized in the executive budget to be implemented by the Department of Business, Economic Development, and Tourism in furtherance of those goals. Requires DBEDT to submit annual reports to the Legislature summarizing project outcomes, including an assessment of each project's effectiveness in achieving those goals.

 

ECD, FIN

HB 2414

Status

RELATING TO GENERAL EXCISE TAX EXEMPTIONS.

Establishes a general excise tax exemption for the gross proceeds or income from the manufacture, production, packaging, and sale of diapers.

 

ECD, FIN

HB 2439

Status

RELATING TO SMALL BUSINESS LOANS.

Creates the Hawaii Start-up Business Loan Program to be administered by the Business Development and Support Division of the Department of Business, Economic Development, and Tourism, in coordination with the Hawaii Technology Development Corporation. Establishes the Hawaii Start-up Business Loan Program Special Fund. Makes an appropriation.

 

ECD, FIN

 

 

 

 

DECISION MAKING TO FOLLOW

 

Persons wishing to offer comments should submit testimony at least 24 hours prior to the hearing. Testimony received after this time will be stamped late and left to the discretion of the chair to consider. 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 not be processed.

 

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FOR AMENDED NOTICES: Measures that have been deleted are stricken through and measures that have been added are bolded.

 

For more information, please contact the Committee Clerk at 586-6485

 

 

 

 

 

 

________________________________________

Rep. Sean Quinlan

Chair