STAND. COM. REP. NO. 1327-00

                                 Honolulu, Hawaii
                                                   , 2000

                                 RE: S.B. No. 2946
                                     S.D. 1
                                     H.D. 1




Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twentieth State Legislature
Regular Session of 2000
State of Hawaii

Sir:

     Your Committee on Finance, to which was referred S.B. No.
2946, S.D. 1, entitled: 

     "A BILL FOR AN ACT RELATING TO TAXATION APPEALS,"

begs leave to report as follows:

     The purpose of this bill is to ease the financial burden of
a taxpayer who feels aggrieved by an assessment of tax by
eliminating the requirement to pay an assessed tax prior to
appealing the assessment to a District Board of Review (Board).

     The Department of Taxation and the Hawaii Society of
Certified Public Accountants supported the intent of this measure
with suggested amendments.  The Tax Foundation of Hawaii
submitted comments.

     Your Committee has amended this bill by replacing its
contents with the language of H.B. No. 2605, H.D. 1, a
substantially similar bill that passed the House earlier this
session by your Committee on Finance. 
  

 
 
 
 
 
 
 
 
 
                                 STAND. COM. REP. NO. 1327-00
                                 Page 2

 
     As affirmed by the record of votes of the members of your
Committee on Finance that is attached to this report, your
Committee is in accord with the intent and purpose of S.B. No.
2946, S.D. 1, as amended herein, and recommends that it pass
Second Reading in the form attached hereto as S.B. No. 2946, S.D.
1, H.D. 1, and be placed on the calendar for Third Reading.

                                   Respectfully submitted on
                                   behalf of the members of the
                                   Committee on Finance,



                                   ______________________________
                                   DWIGHT Y. TAKAMINE, Chair