THE SENATE
                THE TWENTIETH LEGISLATURE
                 REGULAR SESSION OF 2000

     MEASURES DEFERRED TO FRIDAY, FEBRUARY 11, 2000

               COMMITTEE ON WAYS AND MEANS
                        9:00 a.m.
                   Conference Room 211


        DECISION MAKING ON THE FOLLOWING MEASURES
            (Deferred from February 8, 2000)


S.B. 2795   RELATING TO THE EMERGENCY AND BUDGET RESERVE FUND  WAM
           Establishes an Emergency  and  Budget Reserve Fund.
           Revises the amount of  moneys appropriated from the
           Hawaii  Tobacco  Settlement  Special  Fund  to  the
           Emergency and Budget Reserve Fund.

S.B. 2925   RELATING TO THE FUEL TAX                     WAM, JDC
           Repeals  certain  fuel  tax  reporting requirements
           which gather information no longer needed.

S.B. 2938   RELATING TO CONFORMITY OF THE HAWAII INCOME TAX LAW  WAM
           TO THE INTERNAL REVENUE CODE
           Amends Hawaii's Income Tax  Law to conform with the
           changes to the Internal Revenue Code.

S.B. 2939   RELATING TO THE INTEGRATED TAX INFORMATION        WAM
           MANAGEMENT SYSTEMS ACQUISITION BY THE DEPARTMENT
           OF TAXATION
           Allows the department to  meet, in a timely manner,
           its financial obligations  under the integrated tax
           information  management  systems  performance-based
           contract.

S.B. 2940   RELATING TO THE DEPARTMENT OF TAXATION            WAM
           Established fees for  research  and reproduction of
           records  in  response  to  investigative  subpoenas
           issued   by    the    department's   criminal   tax
           investigation unit.

S.B. 2941   PROPOSING AN AMENDMENT TO ARTICLE VII, SECTION  WAM, JDC
           3, OF THE STATE CONSTITUTION TO PROVIDE FOR THE
           APPOINTMENT OF A TAX REVIEW COMMISSION EVERY
           TEN YEARS
           Changes the  appointment  of  a  Hawaii  tax review
           commision from every five  years to every ten years
           starting in 2005.


 


 
S.B. 2942   RELATING TO THE GENERAL FUND EXPENDITURE CEILING   WAM
           REPORTING DATES
           Changes the dates on  which the Council must report
           its estimates of total state personal income to the
           director  of  finance,   the  governor,  the  chief
           justice, and the legislature.

S.B. 2946   RELATING TO TAXATION APPEALS                      WAM
           Eliminates requirement of paying tax assessed prior
           to appealing the  assessment  ot the district board
           of review.

S.B. 2947   RELATING TO DISCLOSURE OF TAX INFORMATION         WAM
           Permits the  disclosure  of  general excise/use tax
           return  and  tax  return  information  to  a person
           contractually obligated to  pay  general excise and
           use taxes assessed against another.

S.B. 2056   RELATING TO INDIVIDUAL DEVELOPMENT ACCOUNT        WAM
           CONTRIBUTION TAX CREDITS
           Establishes    Individual    Development    account
           Contrbution tax credit equal  to  fifty per cent of
           the contribution.

S.B. 2058   RELATING TO INCOME TAX CREDITS                    WAM
           Authorizes an earned income tax credit.

S.B. 2421   RELATING TO TAXATION                              WAM
           Allows income tax refund check-off.

S.B. 2716   RELATING TO TAXATION                              WAM
           Protects  the  seller  for   GET  purposes  from  a
           purchaser's tax  liability  due  to the purchaser's
           mistaken claim to a  wholesale  rate of one-half of
           one per cent instead of the four per cent tax rate.


              No testimony will be accepted.

For further information, please call  the committee clerk at 586-
6800.