HOUSE OF REPRESENTATIVES

THE TWENTY-SECOND LEGISLATURE

REGULAR SESSION OF 2004

COMMITTEE ON FINANCE

Rep. Dwight Y. Takamine, Chair

Rep. Bertha C. Kawakami, Vice Chair

Rep. Jon Riki Karamatsu

Rep. Glenn Wakai

Rep. Sol P. Kaho`ohalahala

Rep. Thomas Waters

Rep. Michael Y. Magaoay

Rep. Kika G. Bukoski

Rep. Romy M. Mindo

Rep. Mark G. Jernigan

Rep. Bob Nakasone

Rep. Colleen R. Meyer

Rep. Scott Y. Nishimoto

Rep. Mark S. Moses

Rep. Maile S.L. Shimabukuro

NOTICE OF HEARING

DATE:

Friday, February 27, 2004

TIME:

3:00 p.m.

PLACE:

Conference Room 308

State Capitol

415 South Beretania Street

A G E N D A # 3

HB 2009

(HSCR96-04)

MAKING AN APPROPRIATION FOR AGRICULTURAL RESEARCH AND MARKET DEVELOPMENT.

Appropriates $2,500,000 for fiscal year 2004-2005 for agricultural research and market development conducted by the Hawaii Farm Bureau Federation.

AGR, FIN

HB 2784

HD1

(HSCR256-04)

RELATING TO STATE ENTERPRISE ZONES.

Amends the eligibility requirements for the State Enterprise Zone Program to allow more agricultural businesses the opportunity to participate.

AGR/EDB, FIN

HB 2314

HD1

(HSCR272-04)

RELATING TO ENVIRONMENTAL IMPACT STATEMENTS.

Allows the Office of Environmental Quality Control to review an agency's determination on the need for an environmental impact statement, consult with the agency, and make a final determination whether a conflict of interest exists when the proposing agency and the agency making a determination are the same.

EEP, FIN

HB 2960

HD1

(HSCR166-04)

RELATING TO RENEWABLE ENERGY TECHNOLOGIES INCOME TAX CREDIT.

Provides, among other things, that with respect to a partnership, S corporation, estate, or trust: (1) The tax credit allowable is for every eligible renewable energy technology system that is installed and placed in service by the entity; (2) The cost upon which the tax credit is computed shall be determined at the entity level; and (3) Distribution and share of the tax credit shall be determined pursuant to §235-110.7(a), HRS.

EEP, FIN

HB 2961

HD1

(HSCR170-04)

RELATING TO ETHANOL.

Changes ethanol investment tax credit to a production tax credit that provides an incentive based on production capacity of the facility. Provides credit of 30 cents per gallon of nameplate capacity between 10,000 and 15 million gallons.

EEP, FIN

HB 2968

HD1

(HSCR168-04)

RELATING TO SOLID WASTE MANAGEMENT.

Clarifies and increases the effectiveness of the Deposit Beverage Container Program by exempting containers exported for sale from the container fee after 10-1-04, determining the redemption rate on an annual basis, allowing the 5-cent deposit value to be charged starting 11/1/04, exempting beverage container deposits from income tax, among other provisions.

EEP, FIN

     

DECISION MAKING TO FOLLOW

PERSONS WISHING TO TESTIFY ARE REQUESTED TO SUBMIT 35 COPIES OF THEIR TESTIMONY AT LEAST 24 HOURS PRIOR TO THE HEARING TO: (1) ROOM 306, STATE CAPITOL, OR (2) THE HOUSE SGT.-AT-ARMS TESTIMONY DROP OFF BOX 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 1-800-535-3859 (NEIGHBOR ISLANDS). WHEN FAXING, PLEASE INDICATE TO WHOM THE TESTIMONY 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.

IF YOU REQUIRE SPECIAL ASSISTANCE OR AUXILIARY AIDS AND/OR SERVICES TO PARTICIPATE IN THE PUBLIC HEARING PROCESS OF THE STATE HOUSE (I.E., SIGN LANGUAGE INTERPRETER, WHEELCHAIR ACCESSIBILITY, OR PARKING DESIGNATED FOR THE DISABLED), PLEASE CONTACT THE COMMITTEE CLERK AT LEAST 24 HOURS PRIOR TO THE HEARING SO ARRANGEMENTS CAN BE MADE.

 

 

________________________________________

Rep. Dwight Y. Takamine

Chair