HOUSE OF REPRESENTATIVES

THE TWENTY-FOURTH LEGISLATURE

REGULAR SESSION OF 2007

 

COMMITTEE ON FINANCE

Rep. Marcus R. Oshiro, Chair

Rep. Marilyn B. Lee, Vice Chair

 

Rep. Della Au Belatti

Rep. Faye P. Hanohano

Rep. John Mizuno

Rep. James Kunane Tokioka

Rep. Tom Brower

Rep. Sharon E. Har

Rep. Bob Nakasone

Rep. Karen Leinani Awana

Rep. Mele Carroll

Rep. Michael Y. Magaoay

Rep. Karl Rhoads

Rep. Colleen Rose Meyer

Rep. Pono Chong

Rep. Joey Manahan

Rep. Roland D. Sagum, III

Rep. Gene Ward, Ph.D.

 

NOTICE OF DECISION MAKING

 

DATE:

MONDAY, February 26, 2007

TIME:

4:30 P.M.

PLACE:

Conference Room 308

State Capitol

415 South Beretania Street

 

A G E N D A  # 8

 

DECISION MAKING ONLY ON THE FOLLOWING BILLS PREVIOUSLY HEARD

 

 

HEARD ON WEDNESDAY, FEBRUARY 7, AGENDA # 5:

 

 

HB 1034

RELATING TO TAXES.

Requires the department of taxation to provide the legislature with certain annual and biennial reports.

 

FIN

HB 1035

RELATING TO TAXES.

Requires the Department of Taxation to develop and adopt rules for all nonresident taxpayers involved in pass-through entities, such as partnerships, s-corporations, and limited liability companies to ensure fair and equitable payment of state taxes

 

FIN

HB 1894

RELATING TO TAXATION.

Requires the Department of Taxation to conduct a study on the inequities of retirement income taxation.  Appropriates funds.

 

FIN

HB 735

RELATING TO TAXATION.

Establishes an appeals office in the department of taxation to provide independent review of unresolved tax cases.

 

FIN

HB 738

RELATING TO TAXATION.

Prohibits the re-opening of expired statute of limitations tax cases because of a related federal audit or review and also changes the method of determining the statute of limitations with respect to general excise tax assessments.

 

FIN

HB 1412

RELATING TO THE DEPARTMENT OF TAXATION'S BENEFITS-FUNDED REVENUE-GENERATING COMPUTER INITIATIVES.

Specifies that the vendor will only be paid when measurable increases in revenues resulting from the initiatives are collected by the State.  Creates an Integrated Tax Information Managements Systems ("ITIMS") special fund to hold the proceeds from the initiatives to be used to enhance the DOTAX computer system and to fund related operational and administrative functions.

 

FIN

 

 

 

AS THIS IS A DECISION MAKING MEETING ONLY, NO PUBLIC TESTIMONY WILL BE ACCEPTED.

 

IF YOU REQUIRE SPECIAL ASSISTANCE OR AUXILIARY AIDS AND/OR SERVICES TO PARTICIPATE IN THE PUBLIC HEARING PROCESS OF THE STATE HOUSE (I.E., SIGN LANGUAGE INTERPRETER, WHEELCHAIR ACCESSIBILITY, OR PARKING DESIGNATED FOR THE DISABLED), PLEASE CONTACT THE COMMITTEE CLERK AT LEAST 24 HOURS PRIOR TO THE HEARING SO ARRANGEMENTS CAN BE MADE.

 

FOR FURTHER INFORMATION, PLEASE CALL THE COMMITTEE CLERK AT 586-6200.

 

SELECTED HEARINGS ARE BROADCAST  LIVE.  CHECK THE CURRENT LEGISLATIVE BROADCAST SCHEDULE ON THE "CAPITOL TV" WEB SITE AT WWW.CAPITOLTV.ORG OR CALL 550-8074 FOR A LISTING.

 

 

 

 

 

________________________________________

Rep. Marcus R. Oshiro

Chair