STAND. COM. REP. NO.  471-16

Honolulu, Hawaii

                , 2016

RE:   H.B. No. 1727

      H.D. 1

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Eighth State Legislature

Regular Session of 2016

State of Hawaii

Sir:

     Your Committee on Labor & Public Employment, to which was referred H.B. No. 1727 entitled:

"A BILL FOR AN ACT RELATING TO TAXATION,"

begs leave to report as follows:

The purpose of this measure is to raise awareness of possible eligibility for the federal Earned Income Tax Credit by requiring employers to notify employees that they may be eligible for the credit when providing annual wage summary statements.

The Office of Hawaiian Affairs and Hawaii Appleseed Center for Law and Economic Justice supported this measure.  Hawaii Restaurant Association and a concerned individual opposed this measure.  Tax Foundation of Hawaii commented on this measure.  

     Your Committee has amended this measure by changing the effective date to July 1, 2091, to encourage further discussion.

     As affirmed by the record of votes of the members of your Committee on Labor & Public Employment that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1727, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 1727, H.D. 1, and be referred to your Committee on Finance.

Respectfully submitted on behalf of the members of the Committee on Labor & Public Employment,

____________________________

MARK M. NAKASHIMA, Chair