STAND. COM. REP. NO. 3611

Honolulu, Hawaii

RE: H.B. No. 1718

H.D. 1

S.D. 1

Honorable Ronald D. Kouchi

President of the Senate

Twenty-Ninth State Legislature

Regular Session of 2018

State of Hawaii

Sir:

Your Committee on Ways and Means, to which was referred H.B. No. 1718, H.D. 1, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO TAXATION,"

begs leave to report as follows:

The purpose and intent of this measure is to provide eligible taxpayers a nonrefundable income tax credit of up to $3,000 per eligible child for certain child care costs.

Your Committee received written comments in support of this measure from the Hawaii State Commission on the Status of Women, Oahu County Committee on Legislative Priorities of the Democratic Party of Hawaii, and one individual.

Your Committee received written comments on this measure from the Department of Taxation, Tax Foundation of Hawaii, and one individual.

Your Committee finds that it is appropriate to provide income tax relief to parents and legal guardians for the costs of child care services.

As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1718, H.D. 1, S.D. 1, and recommends that it pass Third Reading.

Respectfully submitted on behalf of the members of the Committee on Ways and Means,

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DONOVAN M. DELA CRUZ, Chair