STAND. COM. REP. NO. 1819-18

Honolulu, Hawaii

, 2018

RE: S.B. No. 2905

S.D. 2

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 S.B. No. 2905, S.D. 2, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO ON-SITE EARLY CHILDHOOD FACILITIES,"

begs leave to report as follows:

The purpose of this measure is to increase access to early childhood programs in the State by:

(1) Establishing a refundable income tax credit for employers who create on-site early childhood facilities, subject to the facility receiving certification from the Department of Human Services within 180 days and accreditation within two years of operation; and

(2) Establishing and appropriating funds for one full-time On-site Early Childhood Facility Coordinator position in the Executive Office on Early Learning.

The Hawaii Children's Action Network and an individual supported this measure. The Department of Human Services, Department of Taxation, Executive Office on Early Learning, and Tax Foundation of Hawaii offered comments on this measure.

As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2905, S.D. 2, H.D. 1, and recommends that it pass Third Reading.

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

____________________________

SYLVIA LUKE, Chair