STAND. COM. REP. NO.799
Honolulu, Hawaii
, 2001
RE: H.B. No. 516
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. 516, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO TOBACCO
begs leave to report as follows:
The purpose of this bill is to ensure the effective administration, implementation, and enforcement of the laws and programs relating to tobacco, including the Master Settlement Agreement and cigarette tax, by:
(1) Establishing the Cigarette Tax Stamp Administrative Special Fund and the Cigarette Tax Stamp Enforcement Special Fund;
(2) Prohibiting the resale of tax-exempt cigarettes purchased from military outlets;
(3) Providing that no cigarette tax stamp shall be required for cigarettes sold for personal use at military sales outlets; and
(4) Codifying a rebuttable presumption that all cigarettes are subject to the tax unless otherwise exempted by chapter 245, Hawaii Revised Statutes.
The Department of Taxation and Department of the Attorney General submitted testimony in support of this bill. The Tax Foundation of Hawaii provided comments on the measure.
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. 516, H.D. 1, and recommends that it pass Third Reading.
Respectfully submitted on behalf of the members of the Committee on Finance,
|
____________________________ DWIGHT Y. TAKAMINE, Chair |
||