STAND. COM. REP. NO. 1798-18

Honolulu, Hawaii

, 2018

RE: H.C.R. No. 217

H.D. 1

Honorable Scott K. Saiki

Speaker, House of Representatives

Twenty-Ninth State Legislature

Regular Session of 2018

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.C.R. No. 217, H.D. 1, entitled:

"HOUSE CONCURRENT RESOLUTION URGING THE PRESIDENT OF THE UNITED STATES AND THE UNITED STATES CONGRESS TO MITIGATE THE DISPROPORTIONATE ADVERSE EFFECTS OF THE TAX CUTS AND JOBS ACT OF 2017 ON HAWAII CITIZENS BY INCREASING FEDERAL SUPPORT OF HAWAII HOUSING INITIATIVES,"

begs leave to report as follows:

The purpose of this measure is to urge the President of the United States and the United States Congress to mitigate the disproportionate adverse effects of the Tax Cuts and Jobs Act of 2017 on Hawaii citizens by increasing federal support of Hawaii housing initiatives.

As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee concurs with the intent and purpose of H.C.R. No. 217, H.D. 1, and recommends its adoption.

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

____________________________

SYLVIA LUKE, Chair