Bill Text: HI SB242 | 2010 | Regular Session | Amended

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Enterprise Zones; Seawater Air Conditioning Cooling System

Spectrum: Partisan Bill (Democrat 3-0)

Status: (Engrossed - Dead) 2009-05-11 - Carried over to 2010 Regular Session. [SB242 Detail]

Download: Hawaii-2010-SB242-Amended.html

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STAND. COM. REP. NO.  1280

 

Honolulu, Hawaii

                , 2009

 

RE:   S.B. No. 242

      S.D. 2

      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 Economic Revitalization, Business, & Military Affairs, to which was referred S.B. No. 242, S.D. 2, entitled:

 

"A BILL FOR AN ACT RELATING TO SEAWATER AIR CONDITIONING,"

 

begs leave to report as follows:

 

     The purpose of this bill is to encourage the establishment and growth of seawater air conditioning businesses in Hawaii by allowing these businesses to qualify for tax and other regulatory benefits under the Enterprise Zones Program.

 

     Honolulu Seawater Air Conditioning, LLC, American Public Works Association, and Hawaii Building and Construction Trades Council, AFL-CIO testified in support of this bill.  The Department of Business, Economic Development, and Tourism, and Department of Taxation opposed this measure.  The Tax Foundation of Hawaii submitted comments.

 

     Your Committee finds that this bill will help to increase Hawaii's energy efficiency and self-sufficiency by supporting the establishment and growth of seawater air conditioning businesses.  This bill is intended to benefit all seawater air conditioning businesses in enterprise zones throughout Hawaii.

 

     To encourage further discussion of this bill your Committee has changed its effective date to January 1, 2112.  Other technical, nonsubstantive amendments were also made for clarity, consistency, and style.

 

     As affirmed by the record of votes of the members of your Committee on Economic Revitalization, Business, & Military Affairs that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 242, S.D. 2, as amended herein, and recommends that it be referred to the Committee on Finance in the form attached hereto as S.B. No. 242, S.D. 2, H.D. 1.

 

 

Respectfully submitted on behalf of the members of the Committee on Economic Revitalization, Business, & Military Affairs,

 

 

		____________________________ ANGUS L.K. MCKELVEY, Chair