HB 2897

RELATING TO CONSUMER COOPERATIVE ASSOCIATIONS

By Representative(s) MORITA / THIELEN / TAKAI / LEE / FOX; Catalani, Morihara, Schatz, Takumi

Keywords: BUSINESS ENTERPRISES, CORPORATIONS, GENERAL EXCISE TAX, INCOME TAX, TAX EXEMPTIONS, TAXATION

Report Title: Consumer Cooperative Assoc.

Description: Exempts consumer cooperative associations from certain taxes. Makes the same laws and fees applicable to both stock and nonstock consumer cooperative associations. Shortens the filing period and requires specific information to be included in an association's annual report.

 1-27-00        H Introduced and passed First Reading                      
 1-31-00        H Referred to the committees on 1. CPC 2. FIN ,
                  referral sheet 8
 2- 1-00        H Bill scheduled to be heard by CPC on Thursdsay,
                  02-03-00 at 6:00 P.M. in House conference room 325.
 2- 3-00        H The committee on CPC recommends that the measure be         
                  HELD.
 2- 3-00        H The votes in CPC were as follows:8 Ayes: Rep.(s)
                  Menor, Lee, Garcia, Herkes, Kaho`ohalahala, Takumi,         
                  Halford, Whalen; Ayes with reservations: Rep.(s) ;
                  none Noes: Rep.(s) ; and 7 Excused: Rep.(s) Cachola,        
                  Chang, Hiraki, Morita, Yoshinaga, Rath, Thielen