Honorable Robert Bunda

President of the Senate

Twenty-First State Legislature

Regular Session of 2001

State of Hawaii

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-First State Legislature

Regular Session of 2001

State of Hawaii

Sir:

Your Committee on Conference on the disagreeing vote of the Senate to amendments proposed by the House of Representatives in S.B. No. 1193, S.D. 1, H.D. 1, entitled:

having met, and after full and free discussion, has agreed to recommend and does recommend to the respective Houses the final passage of this bill in an amended form.

The purpose of this bill is to simplify registration requirements for certain entities seeking nonprofit status for tax purposes.

The bill also removes the two-month limit on extensions by the Department of Taxation for registration and the filing of applications.

The change in this bill would allow certain nonprofit entities to submit their application for or recognition of their tax exempt status under section 501(c)(3) of the Internal Revenue Code of 1986, as amended, instead of filling out a separate affidavit. Your Committee finds that this will streamline the process while providing adequate information for state purposes.

Your Committee has amended this bill by making technical nonsubstantive amendments.

As affirmed by the record of votes of the managers of your Committee on Conference that is attached to this report, your Committee on Conference is in accord with the intent and purpose of S.B. No. 1193, S.D. 1, H.D. 1, as amended herein, and recommends that it pass Final Reading in the form attached hereto as S.B. No. 1193, S.D. 1, H.D. 1, C.D. 1.