STAND. COM. REP. NO. 3597

Honolulu, Hawaii

RE: GOV. MSG. NO. 781

Honorable Ronald D. Kouchi

President of the Senate

Thirtieth State Legislature

Regular Session of 2020

State of Hawaii

Sir:

Your Committee on Ways and Means, to which was referred Governor's Message No. 781, submitting for study and consideration the nomination of:

Board of Taxation Review, 1st Taxation District (Oahu)

G.M. No. 781

FRANCIS IMADA, for a term to expire 06-30-2023,

begs leave to report as follows:

Your Committee reviewed the personal statement and resume submitted by Francis Imada for service on the Board of Taxation Review, 1st Taxation District (Oahu).

Your Committee received testimony in support of the nomination from the Department of Taxation and Matson Navigation.

Upon review of the testimony and the nominee's qualifications, your Committee finds that the nominee's knowledge of accounting, taxation, and finance qualify him to serve on the Board of Taxation Review. Your Committee notes that Mr. Imada served on the Board of Taxation Review from 2018 to 2019 and has more than twenty-five years of experience in accounting, taxation, and finance. Your Committee also notes that the nominee earned a Bachelor of Business Administration Degree in Accounting with distinction from the University of Hawaii at Manoa. His professional experience includes seven years as a Senior Tax Manager for Ernst and Young, LLP; seven years as a Tax Partner of Deloitte and Touche, LLP; twenty-three years as Chief Financial Officer of Clinical Laboratories of Hawaii, LLP; and two years as a Project Manager for Pharmacare Hawaii, where he currently coordinates financial projects for six business lines.

Your Committee finds that Francis Imada's extensive experience in accounting, taxation, and finance will make him an effective member of the Board of Taxation Review.

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, after full consideration of the background, experience, and qualifications of the nominee, has found the nominee to be qualified for the position to which nominated and recommends that the Senate advise and consent to the nomination.

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

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DONOVAN M. DELA CRUZ, Chair