STAND. COM. REP. NO.621
Honolulu, Hawaii
, 2001
RE: H.B. No. 1345
H.D. 1
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-First State Legislature
Regular Session of 2001
State of Hawaii
Sir:
Your Committee on Finance, to which was referred H.B. No. 1345, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO ENERGY CONTENT OF FUELS,"
begs leave to report as follows:
The purpose of this bill is to encourage the use of non-fossil transportation fuels by:
(1) Lowering the fuel tax on alternative fuels by calculating the tax on the basis of the energy content of the alternative fuel as compared to diesel fuel; and
(2) Authorizing the county fuel tax to be proportional to the energy contents of the fuel, as determined by calculating one-half of their lower heating value.
The Gas Company and Pacific Biodiesel, Inc., submitted testimony in support of this bill. The Department of Business, Economic Development, and Tourism submitted testimony in support of the intent of this bill. The Department of Taxation and Tax Foundation of Hawaii submitted comments on this bill.
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 H.B. No. 1345, H.D. 1, and recommends that it pass Third Reading.
Respectfully submitted on behalf of the members of the Committee on Finance,
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____________________________ DWIGHT Y. TAKAMINE, Chair |
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