HI HB2402 | 2022 | Regular Session

Status

Spectrum: Strong Partisan Bill (Democrat 19-1)
Status: Introduced on January 26 2022 - 25% progression, died in committee
Action: 2022-02-02 - This measure has been deleted from the meeting scheduled on Friday 02-04-22 10:00AM in conference room 312 Via Videoconference.
Pending: House Economic Development Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Requires DBEDT to provide support services to new businesses. Establishes a separate general excise tax rate for a business's first five years of operation. Exempts a business from paying any fees related to licensing and registration within its first five years of operation. Allows individuals to continue to receive unemployment benefits while in the process of starting a business. Requires the state procurement office to advise government bodies to allocate at least five percent of funding to procure goods and services from new businesses in the State. Prohibits savings and loan associations from requiring a signed confession of judgment from a small business as a condition of receiving a loan.

Tracking Information

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Title

Relating To Assistance For New Businesses.

Sponsors


History

DateChamberAction
2022-02-02HouseThis measure has been deleted from the meeting scheduled on Friday 02-04-22 10:00AM in conference room 312 Via Videoconference.
2022-02-02HouseRe-referred to ECD/GVR, CPC, FIN, referral sheet 6
2022-02-02HouseBill scheduled to be heard by ECD on Friday, 02-04-22 10:00AM in House conference room 312 Via Videoconference.
2022-01-28HouseReferred to ECD, GVR, CPC, referral sheet 3
2022-01-26HouseIntroduced and Pass First Reading.

Same As/Similar To

SB3232 (Same As) 2022-01-28 - Referred to EET/CPN, WAM/JDC.

Subjects


Hawaii State Sources


Bill Comments

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