THE SENATE

THE TWENTY-SECOND LEGISLATURE

REGULAR SESSION OF 2003

COMMITTEE ON WAYS AND MEANS

Senator Brian T. Taniguchi, Chair

Senator Russell S. Kokubun, Vice Chair

NOTICE OF HEARING

 

DATE:

Wednesday, February 26, 2003

TIME:

9:00 a.m.

PLACE:

Conference Room 211

State Capitol

415 South Beretania Street

   

A G E N D A

GM 2

Submitting for consideration and confirmation as Director, Department of Budget and Finance, Gubernatorial Nominee GEORGINA KAWAMURA, for a term to expire 12-04-06.

 

SB 664

SD1

(SSCR60)

AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION BONDS AND MAKING APPROPRIATIONS FOR THE DEVELOPMENT OF A VETERANS AFFAIRS LONG-TERM CARE FACILITY.

Authorizes issuance of general obligation bonds to build a Veteran's Affairs long-term care facility. (SD1)

HTH/TMG, WAM

SB 779

SD1

(SSCR524)

RELATING TO THE EMPLOYEES' RETIREMENT SYSTEM.

Creates a new class H membership of the employees' retirement system. Provides employees in service on December 31, 2004 to elect to covert their class C membership to class H membership. Requires employees hired on or after January 1, 2005, to be designated as class H members. Establishes the parameters for unreduced retirement allowances, service retirement allowances, minimum cash balance benefits, ordinary disability retirement allowances, service-connected disability retirement allowances, death benefits, post retirement allowances, retirement allowance options, rollovers, and the determination of members' rights after separation from service for class H members. (SD1)

LBR, WAM

SB 585

SD 1

PROPOSED

RELATING TO STATE FUNDS.

Proposed draft inserts contents of SB 1354, SD1 which clarifies the purpose for the use of tobacco settlement moneys earmarked for the Department of Human Services.

WAM

SB 1394

SD1

(SSCR577)

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

Amends Hawaii's income tax law to conform with the changes to the Internal Revenue Code. (SB1394 SD1)

WAM

 

 

 

SB 1626

SD 1

PROPOSED

RELATING TO TAXATION.

Proposed draft increases the GET and Use Tax by ½%; lowers the GET for realtors to 2%; dedicates $90 million from the GET to lower and higher education, with lower education receiving 75% and higher education receiving 25% of the $90 million; provides for a food tax credit.

WAM

     

 

DECISION MAKING TO FOLLOW, IF TIME PERMITS.

Copies of proposed drafts can be picked up in room 210, State Capitol.

 

Persons wishing to testify should submit 30 copies of their testimony to the committee clerk, Room 210, State Capitol during regular business hours, or outside the Senate Sergeant-at-Arms Office, Room 015, State Capitol for all other times, 24 hours prior to the hearing. Testimony may also be faxed if less than 5 pages in length, to the Senate Sergeant-At-Arms Office at 586-6659 or 1-800-586-6659 (toll free for neighbor islands), at least 24 hours prior to the hearing. When faxing, please indicate to whom the testimony is being submitted, the date and time of the hearing, and the required number of copies needed for submittal.

If you require special assistance or auxiliary aids or services to participate in the public hearing process (i.e., sign language interpreter, wheelchair accessibility, or parking designated for the disabled) please contact the committee clerk 24 hours prior to the hearing so arrangements can be made.

Public Folder. A folder labeled "Public Folder" containing the measures and testimonies for the hearing will be available for shared use by members of the public.

FOR FURTHER INFORMATION, PLEASE CALL THE COMMITTEE CLERK AT 586-6460.

 

________________________________________

Senator Brian T. Taniguchi

Chair