STAND. COM. REP. NO. 336
Honolulu, Hawaii
RE: S.B. No. 794
S.D. 1
Honorable Ronald D. Kouchi
President of the Senate
Twenty-Ninth State Legislature
Regular Session of 2017
State of Hawaii
Sir:
Your Committee on Government Operations, to which was referred S.B. No. 794 entitled:
"A BILL FOR AN ACT RELATING TO THE GENERAL EXCISE TAX COLLECTION DATE,"
begs leave to report as follows:
The purpose and intent of this measure is to amend the date of filing of monthly, quarterly, semiannual, and annual general excise tax returns from the 20th day of the respective applicable month to the last day of the month, beginning for returns and payments due on or after January 1, 2018.
Your Committee received testimony in support of this measure from the Hawaii Business League and one individual. Your Committee received comments on this measure from the Department of Taxation and the Tax Foundation of Hawaii.
Your Committee finds that this measure returns the general excise tax returns filing requirements to the last day of the month following the end of the relevant tax period; the last day of the month had been the filing requirement prior to Act 196, Session Laws of Hawaii 2009. Your Committee finds that returning the filing date of the general excise tax returns as proposed in this measure will ease tax compliance, particularly for small businesses in the State.
Your Committee has amended this measure by clarifying that it applies to taxable periods beginning after December 31, 2017.
As affirmed by the record of votes of the members of your Committee on Government Operations that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 794, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 794, S.D. 1, and be referred to your Committee on Ways and Means.
Respectfully submitted on behalf of the members of the Committee on Government Operations,
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________________________________ DONNA MERCADO KIM, Chair |
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