CONFERENCE COMMITTEE REP. NO. 58
Honolulu, Hawaii
, 2009
RE: S.B. No. 971
S.D. 2
H.D. 1
C.D. 1
Honorable Colleen Hanabusa
President of the Senate
Twenty-Fifth State Legislature
Regular Session of 2009
State of Hawaii
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-Fifth State Legislature
Regular Session of 2009
State of Hawaii
Madam and Sir:
Your Committee on Conference on the disagreeing vote of the Senate to the amendments proposed by the House of Representatives in S.B. No. 971, S.D. 2, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO CONFORMITY OF THE HAWAII INCOME TAX LAW TO THE INTERNAL REVENUE CODE,"
having met, and after full and free discussion, has agreed to recommend and does recommend to the respective Houses the final passage of this bill in an amended form.
The purpose of this measure is to conform state tax law to certain amendments to the Internal Revenue Code for calendar year 2008.
This measure also makes certain penalty provisions under the Internal Revenue Code operative under state tax law.
Your Committee on Conference has amended this measure by:
(1) Deleting the provisions making certain penalty provisions under the Internal Revenue Code operative for purposes of state tax law; and
(2) Making technical, nonsubstantive amendments for the purposes of clarity, consistency, and style.
As affirmed by the record of votes of the managers of your Committee on Conference that is attached to this report, your Committee on Conference is in accord with the intent and purpose of S.B. No. 971, S.D. 2, H.D. 1, as amended herein, and recommends that it pass Final Reading in the form attached hereto as S.B. No. 971, S.D. 2, H.D. 1, C.D. 1.
Respectfully submitted on behalf of the managers:
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ON THE PART OF THE HOUSE |
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ON THE PART OF THE SENATE |
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____________________________ MARCUS R. OSHIRO, Chair |
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____________________________ DONNA MERCADO KIM, Chair |
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____________________________ BRIAN T. TANIGUCHI, Co-Chair |
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