The above bill is VERY BAD for business, as it would provide "job security" for employees who work for a company that has been bought by a new owner. Hawaii does not have a reputation of being business friendly; this bill would make the business climate significantly worse and deter investment.
This bill requires that purchasers of a business in Hawaii will have to keep all existing non-management employees. While a few exceptions are included, this bill goes too far in private business matters. It will hurt any businesses who want to sell their business at market value and help their employees.Many potential buyers will be weary of buying a business in Hawaii or investing as a majority owner and providing much needed capital to that business. The opposite will result--if businesses are unable to sell their business, then they will close shop and their employees will not have jobs.
Please help and act now. Hawaii will be the only state in the nation with this law, which will again label us as a bad place to do business and invest. Whether you plan to sell or not, have 5 employees or 100 employees, the business community must stand together on this issue. Even if this bill does not affect you, it may affect one of your clients and is just bad for our business.
The full Senate will be voting on this measure on the floor tomorrow (April 9, 2013). Please email your request to VOTE NO on this bill to: sens@capitol.hawaii.gov.
Thank you for your help.
Monday, April 8, 2013
Sunday, April 7, 2013
2013 BIA-Hawaii Remodel It Right, Remodel It Green Expo - Call for Exhibitors
"Meet the Experts"
Unique features of this award winning Expo include the “Meet the Experts” presentations that provide on-going round table interactive discussions from the entire spectrum of the remodeling industry and the “Remodel It Right” Panel of Experts. These in-depth round table discussions will cover key topics that will provide a strong foundation for your remodeling project. Architecture, General Contracting, Contractor Licensing, Permitting Guidelines and Kitchen and Bathroom Remodeling Basics are all offered in the “Meet the Experts” area. A Free Remodeling Planning Kit will be offered to every family attending the sessions, while supplies last.Companies interested in becoming exhibitors in the August 9-11, 2013 BIA Remodel It Right/ Remodel It Green Expo at the Blaisdell may contact Clarice Watanabe at (808) 629-7503 or email ckw@biahawaii.org for additional information.
Thursday, April 4, 2013
Anthony "Tony" Borge approved to be a member of the Small Business Regulatory Review Board
BIA member, Anthony "Tony" Borge, of RMA Sales, Inc., was nominated by Governor Abercrombie and approved to be a member of the Small Business Regulatory Review Board ("SBRRB") by the Senate Committee on Economic Development, Government Operation, and Housing on March 13, 2013.
The SBRRB was established in 1998 and is responsible for reviewing impacts on administrative rules and regulations on small businesses. The SBRRB is comprised of nine members, most of whom are former or current owners or officers of small businesses Statewide. Members serve on a volunteer basis, and are charged with considering any request from small business owners for review of any state or county administrative rule. The full Senate will be confirming Tony within a few weeks.
The SBRRB was established in 1998 and is responsible for reviewing impacts on administrative rules and regulations on small businesses. The SBRRB is comprised of nine members, most of whom are former or current owners or officers of small businesses Statewide. Members serve on a volunteer basis, and are charged with considering any request from small business owners for review of any state or county administrative rule. The full Senate will be confirming Tony within a few weeks.
Congratulations, Tony!
Number of Improving Housing Markets Holding Steady in April
NAHB Press Release
WASHINGTON, April 4 – Following seven consecutive months of gains, the list of improving U.S. housing markets remained virtually unchanged in April, with 273 metros on the National Association of Home Builders/First American Improving Markets Index (IMI), released today. This total reflects a net reduction of one market since March and again includes entrants from all 50 states and the District of Columbia.
The IMI identifies metropolitan areas that have shown improvement from their respective troughs in housing permits, employment and house prices for at least six consecutive months. Five new markets were added to the list and six markets were dropped from it this month. Newcomers included the geographically diverse locations of Macon, Ga.; Portland, Maine; Rocky Mount, N.C.; Eugene, Ore.; and Jackson, Tenn.
“The stability in the improving markets list this month is encouraging, with three quarters of all metros tracked by our index considered on the upswing as the housing recovery spreads to parts of every state,” said NAHB Chairman Rick Judson, a home builder from Charlotte, N.C. “In some markets, the main thing that’s holding back a recovery is a relatively thin inventory of homes for sale, which could be resolved if builders had easier access to credit for building homes and putting people back to work.”
“After a strong run-up through late 2012 and early 2013, the number of improving markets is holding steady at a high level,” said NAHB Chief Economist David Crowe. “We can expect to see more gradual gains going forward as challenges related to increased demand kick in – including everything from tightened supplies of developable lots and labor to the rising cost of building materials.”
“With 75 percent of the country seeing measurable improvement in housing market conditions, the outlook is definitely brightening for local economies this spring,” noted Kurt Pfotenhauer, vice chairman of First American Title Insurance Company.
The IMI is designed to track housing markets throughout the country that are showing signs of improving economic health. The index measures three sets of independent monthly data to get a mark on the top improving Metropolitan Statistical Areas. The three indicators that are analyzed are employment growth from the Bureau of Labor Statistics, house price appreciation from Freddie Mac and single-family housing permit growth from the U.S. Census Bureau. NAHB uses the latest available data from these sources to generate a list of improving markets. A metro area must see improvement in all three measures for at least six consecutive months following those measures’ respective troughs before being included on the improving markets list.
A complete list of all 273 metropolitan areas currently on the IMI, and separate breakouts of metros newly added to or dropped from the list in April, is available at www.nahb.org/imi.
Subscribe to:
Posts (Atom)