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HI HB2408

Bill

Official Source

Status

Introduced

1/25/2012

Primary Sponsor

Henry Aquino

Click for details

Origin

House of Representatives

2012 Regular Session

AI Summary

  • Changes the sunset date for the temporary suspension of general excise tax exemptions for high technology research and development grants established under Act 105, Session Laws of Hawaii 2011
  • Changes the sunset date for the temporary suspension of general excise tax exemptions for shipbuilding and ship repairs established under Act 105, Session Laws of Hawaii 2011
  • Committee amended the effective date to June 30, 2112 to encourage further discussion
  • Supported by the Chamber of Commerce of Hawaii, Ship Repair Association of Hawaii, and multiple shipbuilding companies; opposed by NSC Technologies
  • Recommended for passage to Second Reading and referral to the Committee on Finance

Legislative Description

General Excise Tax; Temporary Exemption Suspension; Shipbuilding

Last Action

(H) Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Herkes, M. Lee excused (2).

2/17/2012

Committee Referrals

Finance2/17/2012
Economic Revitalization & Business1/25/2012

Full Bill Text

No bill text available