Honorable Robert Bunda

President of the Senate

Twenty-Third State Legislature

Regular Session of 2006

State of Hawaii

Sir:

Your Committee on Commerce, Consumer Protection, and Housing, to which was referred S.B. No. 3112 entitled:

begs leave to report as follows:

The purpose of this measure is to suspend the collection of the general excise tax on motor vehicle gasoline for two years.

Testimony in support of this measure was submitted by Oahu Transit Services, Inc. Comments on this measure were submitted by the Department of Taxation, the Western States Petroleum Association, and the Tax Foundation of Hawaii.

Your Committee finds that this measures requires further discussion and has amended the effective date of this measure to July 1, 2050.

As affirmed by the record of votes of the members of your Committee on Commerce, Consumer Protection, and Housing that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 3112, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 3112, S.D. 1, and be referred to the Committee on Ways and Means.