STAND. COM. REP. NO. 2928

 

Honolulu, Hawaii

                  

 

RE:    S.B. No. 3088

       S.D. 2

 

 

 

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 S.B. No. 3088, 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 extend by three months the period in which a county may adopt a surcharge on state tax, under certain conditions, from March 31, 2018, to June 30, 2018.

 

     This measure also specifies the minimum amount of surcharge revenues to be expended on public transportation systems and the maximum amount to be expended on any public roadway, for counties with a population of no more than five hundred thousand.

 

     Your Committee received written comments in support of this measure from the Office of the Mayor of the County of Hawaii, the Council Member representing Hawaii County Council District 4, Hawaii Regional Council of Carpenters, and Pacific Resource Partnership.

 

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

 

     Your Committee finds that extending the period in which a county, under certain conditions, may adopt a surcharge on state tax will provide the affected counties with additional time to gather community input and consider whether to adopt an applicable surcharge.

 

     Your Committee has amended this measure by making technical nonsubstantive changes for purposes of clarity, consistency, and style.

 

     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 S.B. No. 3088, S.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 3088, S.D. 2.

 

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

 

 

 

________________________________

DONOVAN M. DELA CRUZ, Chair