HB 129

RELATING TO GENERAL EXCISE TAX

By Representative(s) NAKASONE

Companion Bill: SB 60

Keywords: BUSINESS ENTERPRISES, GENERAL EXCISE TAX, TAX ASSESSMENT AND COLLECTION, TAXATION

Report Title: General Excise Tax Rates

Description: Establishes a 3% rate of general excise tax for amounts received by licensed taxpayers from other licensed taxpayers for sales of goods not for resale and are supplies and equipment used in the operation of the business.

 1-21-99        H Introduced and passed First Reading                      
 1-22-99        H Referred to the committees on 1. EDB 2. FIN ,
                  referral sheet 2
 2- 5-99        H Bill scheduled to be heard by EDB on Monday,
                  02-08-99 at 8:30 A.M. in House conference room 325.
 2- 8-99        H The committee(s) recommends that the measure be
                  deferred until 02-18-99.
 2-16-99        H Bill scheduled for decision making on Thursday,
                  02-18-99 at 8:15 A.M. in House conference room 325.
 2-18-99        H The committee on EDB recommends that the measure be         
                  PASSED, UNAMENDED.
 2-18-99        H The votes in EDB were as follows:11 Ayes: Rep.(s)
                  Herkes, Luke, Abinsay, Chang, Ito, Kaho`ohalahala,
                  Morihara, Suzuki, Halford, Rath, Whalen; Ayes with
                  reservations: Rep.(s) ; none Noes: Rep.(s) ; and 2
                  Excused: Rep.(s) Ahu Isa, Saiki
 2-19-99        H Reported from the committee on EDB (Stand. Com. Rep.        
                  No. 500), recommending passage on Second Reading and        
                  referral to the committee on FIN
 2-19-99        H Passed Second Reading and referred to the committee         
                  on FIN      with Representative(s) none voting no
                  and Representative(s) Cachola, Kanoho, Moses, Yamane        
                  excused.
 1-19-00        H Carried over to 2000 Regular Session.