STAND. COM. REP. NO. 1446

Honolulu, Hawaii

RE:    H.B. No. 1414

       H.D. 1

       S.D. 1

Honorable Colleen Hanabusa

President of the Senate

Twenty-Fourth State Legislature

Regular Session of 2007

State of Hawaii

Madam:

     Your Committee on Ways and Means, to which was referred H.B. No. 1414, H.D. 1, S.D. 1, entitled:

"A BILL FOR AN ACT MAKING AN EMERGENCY APPROPRIATION FOR DEPARTMENT OF TAXATION COUNTY SURCHARGE IMPLEMENTATION COSTS,"

begs leave to report as follows:

     The purpose of this measure is to authorize an emergency appropriation of $4,500,000 for the costs incurred in administering the county surcharge on the state general excise tax.

     The Department of Taxation submitted written testimony in support of this measure.

     Your Committee finds that this emergency appropriation is necessary to address unbudgeted expenses incurred by the Department of Taxation in implementing the administration of the county surcharge provided under section 46-16.8, Hawaii Revised Statutes.

     As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1414, H.D. 1, S.D. 1, and recommends that it pass Third Reading.

Respectfully submitted on behalf of the members of the Committee on Ways and Means,

____________________________

ROSALYN H. BAKER, Chair