STAND. COM. REP. NO.  1566

Honolulu, Hawaii

                , 2011

RE:   S.B. No. 1327

      S.D. 2

      H.D. 1

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Sixth State Legislature

Regular Session of 2011

State of Hawaii

Sir:

     Your Committee on Finance, to which was referred S.B. No. 1327, S.D. 2, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO PASSENGER FACILITY CHARGES,"

begs leave to report as follows:

     The purpose of this bill is to continue the revenue stream for airport improvement projects by ensuring that the Department of Transportation (DOT) is able to collect the maximum amount of the Passenger Facility Charge allowed by the Federal Aviation Administration.

     DOT supported this bill.  The Tax Foundation of Hawaii offered comments.

     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 S.B. No. 1327, S.D. 2, H.D. 1, and recommends that it pass Third Reading.

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

____________________________

MARCUS R. OSHIRO, Chair