Sen. Jarrett Keohokalole

Appropriates operating and capital improvement grants for fiscal year 2023-2024. Effective 6/30/3000. (HD1)

Conforms county debt limit statements law to permit counties to exclude tax increment bonds from the debt limit of the counties if a constitutional amendment authorizing the use of tax increment bonds and excluding tax increment bonds from determinations of the Counties' funded debt is ratified. (SD1)

Requires sponsored captive insurance companies to maintain separate protected cells for separate participant contracts. Authorizes captive insurance companies to apply for an exemption from examination from the insurance commissioner; provided that certain conditions are met. Requires protected cells established by sponsored captive insurance companies to be approved by the insurance commissioner. Authorizes sponsored captive insurance companies to establish and maintain protected cells to insure risks of parties unaffiliated with a participant under certain circumstances. Requires a participant, through a sponsored captive insurance company, to insure only risks approved by the insurance commissioner. Effective 7/1/2050. (HD1)

Requires priority level 1 cesspools to be upgraded, converted, or connected before 1/1/2035, with certain exceptions, and priority level 2 cesspools to be upgraded, converted, or connected before 1/1/2040, rather than before 1/1/2050. Specifies that no penalty or other assessment for any violation shall constitute a lien on the real property and no seizure of property shall be authorized for any violation. Effective 6/30/3000. (HD2)

Adds a cap for the amount of tax credits for research activities that an eligible taxpayer and the taxpayer's related entities may receive per taxable year. Requires a qualified high technology business to be registered to do business in the State and be a small business in order to be eligible for the tax credit. Consolidates the survey and certification requirements for tax credits for research activities. Amends the annual aggregate cap on tax credits for research activities that the Department of Business, Economic Development, and Tourism may certify. Requires certification of the tax credits for research activities on a first-come, firstserved basis to be based on the date that a complete application is received, subject to certain conditions. Extends from 12/31/2024, to 12/31/2029, the sunset date for tax credits for research activities. Effective 7/1/2050. (HD1)

Defines "waiting room" within a medical cannabis retail dispensing location and clarifies public access to the waiting room. Adds or clarifies requirements for the dispensary program related to signage, permitted types of manufactured cannabis products, supervision of certain personnel while onsite at retail dispensing locations or medical cannabis production centers, annual reporting requirements for DOH, and DOH's education and training program. Clarifies penalties for violations. Establishes the medical cannabis cultivation site registry and imposes fees. Amends the uses of the medical cannabis registry and regulation special fund. Prohibits the cultivation, production, manufacture, possession, distribution, handling, or dispensation of medical cannabis except by specific persons or entities. Restricts the number of qualifying patients who may use a grow site to twenty, unless an exemption is obtained from DOH. Prohibits the use or receipt of cannabis as compensation for acting as a primary caregiver to a qualifying patient. Establishes annual reporting requirements for DOH regarding the medical cannabis patient registry program. Requires a report from DBEDT. Makes various housekeeping amendments. Effective 6/30/3000. (HD2)