CONFERENCE COMMITTEE REP. NO. 119-16

 

Honolulu, Hawaii

                 , 2016

 

RE:    S.B. No. 2922

       H.D. 1

       C.D. 1

 

 

 

Honorable Ronald D. Kouchi

President of the Senate

Twenty-Eighth State Legislature

Regular Session of 2016

State of Hawaii

 

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Eighth State Legislature

Regular Session of 2016

State of Hawaii

 

Sirs:

 

     Your Committee on Conference on the disagreeing vote of the Senate to the amendments proposed by the House of Representatives in S.B. No. 2922, H.D. 1, entitled:

 

"A BILL FOR AN ACT RELATING TO THE TAX REVIEW COMMISSION,"

 

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 require the Tax Review Commission that was appointed on or before July 1, 2015, or its successor commission intended to function prior to the appointment of a new commission on or before July 1, 2020, to submit its evaluation of the State's tax structure and its recommendations of revenue and tax policy to the Legislature prior to the Regular Session of 2018.

 

     Additionally, this measure appropriates an unspecified amount of general funds to the Department of Taxation for use by the Tax Review Commission in its evaluation and recommendations.

 

     Your Committee on Conference has amended this measure by specifying the appropriation amount as $250,000.

 

     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. 2922, H.D. 1, as amended herein, and recommends that it pass Final Reading in the form attached hereto as S.B. No. 2922, H.D. 1, C.D. 1.

 

Respectfully submitted on behalf of the managers:

 

ON THE PART OF THE HOUSE

 

ON THE PART OF THE SENATE

 

____________________________

SYLVIA LUKE, Chair

 

____________________________

JILL N. TOKUDA, Chair