SB 1335

RELATING TO THE INCOME TAX

By Senator(s) MIZUGUCHI (BR)

Companion Bill: HB 1201

Subjects: Governor

Keywords: INCOME TAX, MINORS, MOTOR VEHICLE EQUIPMENT, SAFETY BELTS, TAX ASSESSMENT AND COLLECTION, TAX CREDITS OR REFUNDS, TAXATION

Report Title: Income tax adjustments

Description: Reduces the personal income tax rates for years 2001 and 2002. Provides capital gains tax rate cap reductions for individuals, estates, and trusts for taxable years 1999 to 2002. Repeals the $25 income tax credit for child passenger safety systems.

 1-26-99        S Introduced and passed First Reading                      
 1-28-99        S Referred to WAM                                          
 2- 3-99        S Bill scheduled to be heard by WAM on 02-09-99 at
                  9:00 a.m. in conference room 211
 2- 9-99        S The measure is deferred.                                 
 3- 2-99        S Notice of public decision making by WAM on 03-05-99         
                  at 9:00 a.m. in conference room 211.
 3- 5-99        S The committee on WAM recommends that the measure be         
                  HELD.
 3- 5-99        S The votes in WAM were as follows: 9 Ayes: Senator(s)        
                  Fukunaga, Levin, Buen, Chun, Chun Oakland, D. Ige,
                  Iwase, Nakata, Anderson; Ayes with reservations:
                  Senator(s) ; none Noes: Senator(s) ; and 4 Excused:         
                  Senator(s) M. Ige, Kawamoto, Tam, Taniguchi