STAND. COM. REP. 1421
Honolulu, Hawaii
, 2003
RE: S.B. No. 1400
S.D. 1
H.D. 1
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-Second State Legislature
Regular Session of 2003
State of Hawaii
Sir:
Your Committee on Finance, to which was referred S.B. No. 1400, S.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO TAX ADMINISTRATION,"
begs leave to report as follows:
The purpose of this bill is to provide taxpayers an opportunity to resolve their delinquent tax accounts and to streamline the process by:
(1) Giving the Director of Taxation the authority to compromise any tax claim of $50,000 or less without the Governor's approval; and
(2) Allowing the Department of Taxation (DoTax) to waive penalties and interest assessed for taxes that are delinquent for more than 90 days.
DoTax testified in support of this measure. The Tax Foundation of Hawaii submitted comments.
Your Committee has amended this bill by:
(1) Authorizing DoTax to hire investigators as required; 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. 1400, S.D. 1, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 1400, 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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