STAND. COM. REP. NO. 1161

Honolulu, Hawaii

, 2019

RE: H.B. No. 1043

H.D. 1

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirtieth State Legislature

Regular Session of 2019

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.B. No. 1043 entitled:

"A BILL FOR AN ACT RELATING TO TAX APPEALS,"

begs leave to report as follows:

The purpose of this measure is to promote efficiency and prevent delay of the growing number of tax appeals to the boards of review by replacing the boards of review with a single streamlined Tax Appeal Review Panel comprised of members who shall serve on a full-time basis with the power to hear and decide cases individually.

The Department of Taxation supported this measure. The Tax Foundation of Hawaii provided comments.

Your Committee has amended this measure by:

(1) Changing the appropriation amounts to unspecified sums;

(2) Changing the effective date to July 1, 2030, to encourage further discussion; and

(3) Making technical, nonsubstantive amendments for clarity, consistency, and style.

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 H.B. No. 1043, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 1043, H.D. 1, and be placed on the calendar for Third Reading.

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

____________________________

SYLVIA LUKE, Chair