Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Third State Legislature

Regular Session of 2005

State of Hawaii

Sir:

Your Committee on Health, to which was referred H.B. No. 727, H.D. 1, entitled:

begs leave to report as follows:

The purpose of this bill is to establish a refundable tax credit for food, medical services, and non-prescription drugs for working families earning $40,000 or less.

The Office of the Governor and Department of Taxation testified in support of the bill. HGEA testified in support of the intent of the measure. The Tax Foundation of Hawaii commented on the bill.

Your Committee has amended this bill by changing the effective date to July 1, 2020, to promote further discussion on the bill.

As affirmed by the record of votes of the members of your Committee on Health that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 727, H.D. 1, as amended herein, and recommends that it be referred to the Committee on Finance in the form attached hereto as H.B. No. 727, H.D. 2.