HOUSE OF REPRESENTATIVES
                           THE TWENTIETH LEGISLATURE
                            REGULAR SESSION OF 2000

                             COMMITTEE ON FINANCE
                        Rep. Dwight Y. Takamine, Chair
                      Rep. Bertha C. Kawakami, Vice Chair
           Rep. Lei Ahu Isa                  Rep. Iris Ikeda Catalani
           Rep. Willie C. Espero             Rep. Kenny Goodenow
           Rep. Michael P. Kahikina          Rep. Ezra R. Kanoho 
           Rep. Sylvia Luke                  Rep. Bob Nakasone
           Rep. Brian Schatz                 Rep. Nathan Suzuki
           Rep. Brian Y. Yamane              Rep. Galen Fox
           Rep. Barbara Marumoto             Rep. Colleen Meyer
           Rep. Mark Moses

                               NOTICE OF HEARING

                DATE:    Friday, March 31, 2000
                TIME:    3:00 P.M.
                PLACE:   Conference Room 308, State Capitol

                                A G E N D A # 2

SB 2160 SD1 HD1    RELATING TO GENERAL EXCISE TAX.
HSCR 916-00        Allows for cash basis accounting for contractors. (EDB,FIN)

SB 2289 SD2        RELATING TO PREPAID TELEPHONE CALLING SERVICE.
HSCR 1042-00       Provides that the sale of prepaid telephone calling services are
                subject to taxation under the general excise tax law.
                (EDB/CPC,FIN)

SB 2945 SD1 HD2    RELATING TO TAXATION.
HSCR 1064-00       Imposes the use tax on contracting imported for resale or use in
                Hawaii.  Provides pyramiding relief from the general excise tax
                for the sale of amusements.  Provides a lower public service
                company tax rate on telecommunications services and transportation
                services that are resold.  Clarifies Acts 70 and 71, Session Laws
                of Hawaii 1999. (EDB,CPC,FIN)

SB 2781 SD2 HD1    RELATING TO TAXATION.
HSCR 1033-00       Replaces the qualified improvement tax credit with a 4 per cent
                hotel construction and remodeling income tax credit. (EDB,FIN)

SB 3032 SD2 HD1    RELATING TO ECONOMIC DEVELOPMENT.
HSCR 1034-00       Modifies the qualified improvement tax credit.  Partially exempts
                the Hawaii tourism authority from the environmental impact
                statements (EIS) law.  Amends the definition of "action" under the
                EIS law to exclude any marketing and promotional program that does
                not require a discretionary permit. (EDB,FIN)

SB 2409 SD1 HD1    RELATING TO TAXATION.
HSCR 1020-00       Exempts certain activities of call centers from taxation.
                Modifies the qualified improvement tax credit. (EDB,FIN)

SB 2948 SD1 HD1    RELATING TO HIGH TECHNOLOGY.
HSCR 1053-00       Establishes the new economy technology scholarship program.
                Provides an income tax credit for the cost of training the
                taxpayer or the taxpayer's employees to upgrade their technology-
                related skills. (EDB/HED,FIN)

SB 2779 SD1 HD1    RELATING TO STATE ENTERPRISE ZONES.
HSCR 1021-00       Specifies biotechnology businesses and certain types of call
                centers as qualified businesses within an enterprise zone.
                Clarifies eligibility criteria for the EZ contractor exemption
                from the general excise tax. (EDB,FIN)


                   DECISION MAKING TO FOLLOW IF TIME PERMITS


                                  -CONTINUED-

 
NOTICE FIN 03/31/00 2
Page 2



PERSONS WISHING TO TESTIFY ARE REQUESTED TO SUBMIT 45 COPIES OF THEIR TESTIMONY 24
HOURS PRIOR TO THE HEARING TO:  (1)  ROOM 306, STATE CAPITOL, OR (2)  THE HOUSE SGT.-
AT-ARMS PERSONNEL IN THE TURNAROUND AREA OF THE CAPITOL BASEMENT PARKING LOT.
TESTIMONY MAY BE FAXED TO THE HOUSE SGT.-AT-ARMS OFFICE AT:  586-6501 (OAHU) OR 1-
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IS BEING SUBMITTED, THE DATE AND TIME OF THE HEARING, AND THE REQUIRED NO. OF COPIES
THAT IS NEEDED FOR SUBMITTAL.

IT IS ALSO REQUESTED THAT THE COPIES BE ON ONE SIDE OF AN 8-1/2" X 11" SHEET.  FOR
FURTHER INFORMATION, PLEASE CALL THE COMMITTEE CLERK AT 586-6200.

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                                         ____________________________________
                                         Rep. Dwight Y. Takamine
                                         Chair