STAND. COM. REP. NO.  954-08

Honolulu, Hawaii

                , 2008

RE:   H.B. No. 2605

      H.D. 2

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fourth State Legislature

Regular Session of 2008

State of Hawaii

Sir:

     Your Committee on Finance, to which was referred H.B. No. 2605, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO THE ARMED SERVICES,"

begs leave to report as follows:

     The purpose of this bill is to recognize the dedication and service of members of Hawaii's National Guard and Reserve forces by exempting them from payment of the vehicle tax and registration fee on their noncommercial vehicles.

     The Department of Defense, Department of Taxation, Hawaii National Guard Association, Hawaii National Guard Enlisted Association, Military Affairs Council, and a concerned individual supported this bill.  The Tax Foundation of Hawaii submitted comments.

     Your Committee has amended this bill by:

(1)  Changing the effective date to October 1, 2020, to encourage further discussion; and

(2)  Making technical, nonsubstantive changes for clarity, consistency, and style.

     As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 2605, H.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 2605, H.D. 2.

Respectfully submitted on behalf of the members of the Committee on Finance,

____________________________

MARCUS R. OSHIRO, Chair