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.C.R. No. 148 entitled:

begs leave to report as follows:

The purpose of this concurrent resolution is to request the Department of Taxation to report to the Legislature on the feasibility of entering into a reciprocal income tax agreement with the State of California.

Your Committee received testimony commenting upon this measure from the Department of Taxation.

As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee concurs with the intent and purpose of H.C.R. No. 148 and recommends its adoption.