STAND. COM. REP. NO. 541
Honolulu, Hawaii
, 2005
RE: H.B. No. 808
H.D. 1
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-Third State Legislature
Regular Session of 2005
State of Hawaii
Sir:
Your Committee on Judiciary, to which was referred H.B. No. 808 entitled:
"A BILL FOR AN ACT RELATING TO STATE TAX AMNESTY,"
begs leave to report as follows:
The purpose of this bill is to induce payments of delinquent taxes by establishing a State Tax Amnesty Program (Program) that provides a waiver of penalties assessed for outstanding liabilities for taxable periods ending or transactions occurring on or before December 31, 2004.
The Department of Taxation opposed this bill.
Your Committee has amended this bill by:
(1) Allowing liabilities for taxable periods ending or transactions occurring on or before December 31, 2000, to qualify for the Program;
(2) Changing the effective date to July 1, 2020, to encourage further discussion; and
(3) Making technical, nonsubstantive amendments for clarity, consistency, and style.
As affirmed by the record of votes of the members of your Committee on Judiciary that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 808, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 808, H.D. 1, and be referred to the Committee on Finance.
Respectfully submitted on behalf of the members of the Committee on Judiciary,
|
____________________________ SYLVIA LUKE, Chair |
||