STAND. COM. REP. NO.1248
Honolulu, Hawaii
, 2001
RE: S.B. No. 1193
S.D. 1
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 S.B. No. 1193, S.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO GENERAL EXCISE TAX ON NONPROFIT ORGANIZATIONS,"
begs leave to report as follows:
The purpose of this measure is to:
(1) Simplify the application process for nonprofit organizations seeking exemption from the payment of general excise taxes; and
(2) Reduce the filing burden for these organizations.
Aloha Society of Association Executives supported this measure. DOTAX supported this measure with recommended changes. The Tax Foundation of Hawaii commented on this measure.
Your Committee has amended this bill by:
(1) Clarifying the types of organizations that qualify for the minimal registration requirements; and
(2) Making technical, nonsubstantive amendments for
purposes of clarity and style.
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 S.B. No. 1193, S.D. 1, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 1193, S.D. 1, H.D. 1, and be placed on the calendar for 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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