STAND. COM. REP. NO.  1731

 

Honolulu, Hawaii

                , 2009

 

RE:   S.B. No. 1299

      S.D. 1

      H.D. 1

 

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fifth State Legislature

Regular Session of 2009

State of Hawaii

 

Sir:

 

     Your Committee on Finance, to which was referred S.B. No. 1299, S.D. 1, H.D. 1, entitled:

 

"A BILL FOR AN ACT RELATING TO ADVANCED FLIGHT SIMULATOR TRAINING,"

 

begs leave to report as follows:

 

     The purpose of this bill is to provide tax incentives for commercial aviation training by adding businesses engaged in advanced flight simulator training for pilots, dispatchers, mechanics, or air traffic controllers to the definition of "qualified business" under the State Enterprise Zones Law.

 

     The University of Hawaii, Global Aeronautics LLC, Enterprise Honolulu, Boeing Company, and two concerned individuals supported this bill.  The Department of Taxation opposed this measure.  The Department of Business, Economic Development, and Tourism and Tax Foundation of Hawaii submitted comments.

 

     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. 1299, S.D. 1, H.D. 1, and recommends that it pass Third Reading.

 

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

 

 

 

 

____________________________

MARCUS R. OSHIRO, Chair