STAND. COM. REP. 852
Honolulu, Hawaii
, 2003
RE: H.B. No. 1616
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 H.B. No. 1616, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO LONG-TERM CARE,"
begs leave to report as follows:
The purpose of this bill is to:
(1) Establish a long-term care income tax starting at $120 for the 2005 taxable year and increasing incrementally thereafter; and
(2) Provide a benefit level beginning at $70 per day for 365 days and increasing incrementally thereafter.
The Hawaii State Commission on the Status of Women, Hawaii State Teachers Association, ILWU Local 142, Kokua Council, AARP Hawaii, Hawaii Alliance for Retired Americans, Healthcare Association of Hawaii, National Association of Social Workers, Temporary Board of Trustees of the Long Term Care Financing Act, Hawaii State Teachers Association – Retired, Coalition for Affordable Long Term Care, and many concerned citizens testified in support of this measure.
The Chamber of Commerce of Hawaii, Hawaii Medical Association, Hawaii Bankers Association, NAIFA Hawaii, and the Health Insurance Association of America opposed this measure. The Department of Taxation, Office of Information Practices, and Tax Foundation of Hawaii submitted comments.
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 H.B. No. 1616, H.D. 1, and recommends that it pass 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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