STAND. COM. REP. NO. 582-04

Honolulu, Hawaii

, 2004

RE: H.B. No. 2523

H.D. 1

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Second State Legislature

Regular Session of 2004

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.B. No. 2523 entitled:

"A BILL FOR AN ACT RELATING TO PASSENGER FACILITY CHARGES,"

begs leave to report as follows:

The purpose of this bill is to ensure that the State passenger facility charges (PFC) law comply with the federal PFC law by:

(1) Clarifying that passenger facility charges are exempt from transfers to pay for central service expenses; and

(2) Renaming the Passenger Facility Charge Revenue Fund to the Passenger Facility Charge Special Fund.

The Department of Transportation and Airlines Committee of Hawaii testified in support of this bill.

Your Committee has amended this bill by making technical, nonsubstantive amendments for 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 H.B. No. 2523, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 2523, H.D. 1.

 

Respectfully submitted on behalf of the members of the Committee on Finance,

 

____________________________

DWIGHT Y. TAKAMINE, Chair