HOUSE OF REPRESENTATIVES

THE TWENTY-SECOND LEGISLATURE

REGULAR SESSION OF 2003

COMMITTEE ON FINANCE

Rep. Dwight Y. Takamine, Chair

Rep. Bertha C. Kawakami, Vice Chair

Rep. Jon Riki Karamatsu

Rep. Glenn Wakai

Rep. Sol P. Koho`ohalahala

Rep. Thomas Waters

Rep. Michael Y. Magaoay

Rep. Kika G. Bukoski

Rep. Romy M. Mindo

Rep. Mark G. Jernigan

Rep. Bob Nakasone

Rep. Colleen R. Meyer

Rep. Scott Y. Nishimoto

Rep. Mark S. Moses

Rep. Maile S.L. Shimabukuro

NOTICE OF HEARING

DATE:

Tuesday, February 11, 2003

TIME:

5:00 p.m.

PLACE:

Conference Room 308

State Capitol

415 South Beretania Street

A G E N D A # 4

HB 851

RELATING TO TAXATION APPEALS.

Repeals the requirement that a taxpayer must pay a disputed tax before filing an appeal concerning that tax with the Tax Appeal Court.

FIN

HB 1225

RELATING TO THE ADMINISTRATION OF TAXES.

Corrects an inadvertent regressive effect on taxpayers with adjusted gross incomes (AGIs) of $50,000 or less created by Act 190, Session Laws of Hawaii 2002, which amended the payment threshold for avoiding the estimated tax underpayment penalty. Conforms Hawaii's laws to Internal Revenue Code by lowering the minimum estimated tax payment to 100% for prior year returns.

FIN

HB 1224

RELATING TO THE AMENDMENT OR REPEAL OF OBSOLETE TAX LAWS.

Amends or repeals obsolete statutory tax provisions.

FIN

HB 91

RELATING TO GOVERNMENT SERVICES.

Exempts sales of goods and services to the State, including contracting, from the general excise tax. Changes the central service assessment for special funds to 5% of all costs (rather than 5% of all revenues). Repeals all special fund exemptions from the central service assessment.

FIN

HB 1152

RELATING TO STATE FUNDS.

Eliminates certain funds that do not meet the criteria for continuation, and transfers excess balances from these special and revolving funds to the general fund.

FIN

DECISION MAKING ONLY ON THE FOLLOWING BILL

HB 1223

RELATING TO CONFORMITY OF THE HAWAII INCOME TAX LAW TO THE INTERNAL REVENUE CODE.

Short form bill to amend Hawaii's income tax law to conform with the changes to the Internal Revenue Code.

FIN

     

DECISION MAKING TO FOLLOW

PERSONS WISHING TO TESTIFY ARE REQUESTED TO SUBMIT 35 COPIES OF THEIR TESTIMONY AT LEAST 24 HOURS PRIOR TO THE HEARING TO: (1) ROOM 306, STATE CAPITOL, OR (2) THE HOUSE SGT.-AT-ARMS PERSONNEL IN THE TURNAROUND AREA OF THE CAPITOL BASEMENT PARKING LOT. TESTIMONY MAY BE FAXED TO THE HOUSE SGT.-AT-ARMS OFFICE AT: 586-6501 (OAHU) OR 1-800-535-3859 (NEIGHBOR ISLANDS). WHEN FAXING, PLEASE INDICATE TO WHOM THE TESTIMONY IS BEING SUBMITTED, THE DATE AND TIME OF THE HEARING, AND THE REQUIRED NO. OF COPIES THAT ARE NEEDED FOR SUBMITTAL.

IT IS ALSO REQUESTED THAT THE COPIES BE ON ONE SIDE OF AN 8-1/2" X 11" SHEET. FOR FURTHER INFORMATION, PLEASE CALL THE FIN COMMITTEE CLERK AT 586-6200.

IF YOU REQUIRE SPECIAL ASSISTANCE OR AUXILIARY AIDS AND/OR SERVICES TO PARTICIPATE IN THE PUBLIC HEARING PROCESS OF THE STATE HOUSE (I.E., SIGN LANGUAGE INTERPRETER, WHEELCHAIR ACCESSIBILITY, OR PARKING DESIGNATED FOR THE DISABLED), PLEASE CONTACT THE COMMITTEE CLERK AT LEAST 24 HOURS PRIOR TO THE HEARING SO ARRANGEMENTS CAN BE MADE.

 

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Rep. Dwight Y. Takamine

Chair