HI SB2895 | 2012 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 9-0)
Status: Engrossed on March 6 2012 - 50% progression, died in committee
Action: 2012-03-08 - (H) Referred to ERB, FIN, referral sheet 41
Pending: House Economic Revitalization & Business Committee
Text: Latest bill text (Amended) [HTML]

Summary

Expands methods for delivering funding to a qualified community development entity by allowing guarantees and credit enhancements. Increases total maximum funding amounts from $250,000 to $5,000,000. Establishes new markets tax credits. Makes conforming amendments. Effective 7/1/2050. (SD2)

Tracking Information

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Title

Economic Development; New Markets Tax Credits; Loans; Qualified Community Development Entity

Sponsors


History

DateChamberAction
2012-03-08 (H) Referred to ERB, FIN, referral sheet 41
2012-03-08 (H) Pass First Reading
2012-03-06 (H) Received from Senate (Sen. Com. No. 356) in amended form (SD 2).
2012-03-06 (S) Report adopted; Passed Third Reading, as amended (SD 2). Ayes, 25; Aye(s) with reservations: Senator(s) Slom . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
2012-03-02 (S) 48 Hrs. Notice 03-06-12.
2012-03-02 (S) Reported from WAM (Stand. Com. Rep. No. 2745) with recommendation of passage on Third Reading, as amended (SD 2).
2012-02-24 (S) The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 14 Aye(s): Senator(s) Ige, Kidani, Chun Oakland, Dela Cruz, English, Espero, Fukunaga, Kahele, Kim, Kouchi, Ryan, Tokuda, Wakai, Slom; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
2012-02-22 (S) The committee(s) on WAM will hold a public decision making on 02-24-12 9:00AM in conference room 211.
2012-02-16 (S) Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
2012-02-16 (S) Reported from EDT (Stand. Com. Rep. No. 2284) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
2012-02-01 (S) The committee(s) on EDT recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in EDT were as follows: 5 Aye(s): Senator(s) Fukunaga, Wakai, Baker, Solomon, Slom; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
2012-01-30 (S) The committee(s) on EDT deferred the measure until 02-01-12 1:15PM in conference room 016.
2012-01-27 (S) The committee(s) on EDT added the measure to the public hearing scheduled on 01-30-12 1:15PM in conference room 016.
2012-01-27 (S) Referred to EDT, WAM.
2012-01-25 (S) Passed First Reading.
2012-01-25 (S) Introduced.

Same As/Similar To

HB2387 (Same As) 2012-02-09 - (H) The committee(s) on ERB recommend(s) that the measure be deferred.

Hawaii State Sources


Bill Comments

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