STAND. COM. REP. NO.95
Honolulu, Hawaii
, 2003
RE: S.B. No. 1536
S.D. 1
Honorable Robert Bunda
President of the Senate
Twenty-Second State Legislature
Regular Session of 2003
State of Hawaii
Sir:
Your Committee on Energy and Environment, to which was referred S.B. No. 1536 entitled:
"A BILL FOR AN ACT RELATING TO NEW FUEL EFFICIENT VEHICLES,"
begs leave to report as follows:
The purpose of this measure is to exempt fuel-efficient vehicles from county vehicle taxes and fees and to encourage the purchase of such fuel-efficient vehicles.
The Department of Taxation and the City and County of Honolulu, Department of Customer Services submitted testimony in support of the intent of this measure. Tax Foundation of Hawaii submitted comments on this measure.
Your Committee finds that the State's dependence on imported fossil fuels can be lessened by the increase of fuel-efficient vehicles. This measure helps to encourage the purchase of new fuel efficient vehicles.
Your Committee has amended this measure in the following manner by:
(1) Extending the exemption to state vehicle taxes and fees rather than limiting the exemption to county vehicle taxes and fees;
(2) Adding a 10-year sunset to both exemptions; and
(3) Changing the effective date of the Act to July 1, 2003, to coincide with the State's fiscal year.
As affirmed by the record of votes of the members of your Committee on Energy and Environment that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 1536, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 1536, S.D. 1, and be referred to the Committee on Ways and Means.
Respectfully submitted on behalf of the members of the Committee on Energy and Environment,
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____________________________ J. KALANI ENGLISH, Chair |
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