STAND.
COM. REP. NO. 1861
Honolulu, Hawaii
, 2021
RE: S.B. No. 1196
S.D. 2
H.D. 1
Honorable Scott K. Saiki
Speaker, House of Representatives
Thirty-First State Legislature
Regular Session of 2021
State of Hawaii
Sir:
Your Committee on Finance, to which was referred S.B. No. 1196, S.D. 2, entitled:
"A BILL FOR AN ACT RELATING TO WITHHOLDING TAX,"
begs leave to report as follows:
The purpose of this measure is to:
(1) Amend the due date for employers to file the wage and tax statement, or Form W-2, from the last day of February to January 31 following the close of the calendar year; and
(2) Impose a penalty on employers that fail to timely furnish and file the wage and tax statement.
Your Committee has amended this measure by changing the penalty amounts imposed on employers that fail to timely furnish and file the wage and tax statement to unspecified amounts.
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. 1196, S.D. 2, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 1196, S.D. 2, H.D. 1.
Respectfully submitted on behalf of the members of the Committee on Finance,
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____________________________ SYLVIA LUKE, Chair |
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