STAND. COM. REP. NO. 1117-04

Honolulu, Hawaii

, 2004

RE: S.B. No. 2269

S.D. 2

H.D. 1

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Second State Legislature

Regular Session of 2004

State of Hawaii

Sir:

Your Committee on Finance, to which was referred S.B. No. 2269, S.D. 2, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO ENTERPRISE ZONES,"

begs leave to report as follows:

The purpose of this bill is to increase jobs and promote business growth in Hawaii by removing provisions that prevent certain telecommunication business activity from being designated as a qualified business under Hawaii's Enterprise Zone Program.

The Department of Business, Economic Development, and Tourism, Department of Hawaiian Home Lands, Hawaiian Homestead Technology, Inc., Sandwich Isles Communications, Inc., Ho'akea LLC, and Nanakuli Housing Corporation testified in support of this bill. The Department of Taxation commented on this measure.

As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2269, S.D. 2, H.D. 1, and recommends that it pass Third Reading.

 

Respectfully submitted on behalf of the members of the Committee on Finance,

 

____________________________

DWIGHT Y. TAKAMINE, Chair