E-MAIL OR CALL GOVERNOR LINGLE TODAY
ASK HER TO VETO SB199
TELL THE GOVERNOR
WHAT THE LOSS OF INVESTMENT CAPITAL
MEANS FOR YOUR COMPANY.
LAST CHANCE TO KILL SB199
On Tuesday the House rejected industry’s proposed floor amendment which would have provided the state with $151 Million in savings and preserved industry’s access to capital. They in-fact voted to support the existing SB199 Conference Draft
which effectively kills Act 221 through the elimination of the 2:1 credit allocation policy and replaces it with a 1:1 limitation. We anticipate that the Senate will approve the bill on Thursday after which it will go to the Governor for her signature.
The ONLY RECOURSE now is to ask the Governor to VETO the bill. We expect that she will quickly sign the bill into law so your IMMEDIATE action is required. Let the Governor know how angry you are with this bill by telling her how it specifically impacts you or your company. Tell her that it undermines the innovation economy, kills jobs, kills companies and kills Hawaii’s future.
Soon we will provide you with a detailed description of how events have unfolded. For now, however, TAKE ACTION.