STAND.
COM. REP. NO. 510-22
Honolulu, Hawaii
, 2022
RE: H.B. No. 1556
H.D. 1
Honorable Scott K. Saiki
Speaker, House of Representatives
Thirty-First State Legislature
Regular Session of 2022
State of Hawaii
Sir:
Your Committee on Health, Human Services, & Homelessness, to which was referred H.B. No. 1556 entitled:
"A BILL FOR AN ACT RELATING TO TAXATION,"
begs leave to report as follows:
The purpose of this measure is to establish a refundable blood donation income tax credit to promote blood donations throughout the State.
Your Committee finds
that the State is experiencing a historic blood supply shortage. Your Committee further finds that because of
this shortage, the Blood Bank of Hawaii, the sole provider of blood to eighteen
civilian hospitals in the State and one on Guam, has been forced to undersupply
the State's hospitals, leaving them with between sixty and eight percent of
their normal blood supply. This measure
addresses the ongoing health crisis by incentivizing blood donations through
the creation of a refundable blood donation income tax credit.
Your
Committee has amended this measure by:
(1) Deleting the preamble, other than the narrow
purpose statement of this measure;
(2) Making the tax credit applicable to taxable
years beginning after December 31, 2022;
(3) Changing the effective date to July 1, 2060,
to encourage further discussion; and
(4) Making technical, nonsubstantive amendments for the purposes of clarity, consistency, and style.
As affirmed by the record of votes of the members of your Committee on Health, Human Services, & Homelessness that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1556, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 1556, H.D. 1, and be referred to your Committee on Finance.
Respectfully submitted on behalf of the members of the Committee on Health, Human Services, & Homelessness,
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____________________________ RYAN I. YAMANE, Chair |
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