STAND. COM. REP. NO. 354-22

Honolulu, Hawaii

, 2022

RE: H.B. No. 1709

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 Economic Development, to which was referred H.B. No. 1709 entitled:

"A BILL FOR AN ACT RELATING TO TAXATION,"

begs leave to report as follows:

The purpose of this measure is to establish the whole house water filter system tax credit.

Your Committee received testimony in support of this measure from the International Association of Plumbing and Mechanical Officials and one individual. Your Committee received comments on this measure from the Department of Taxation, Department of Budget and Finance, and Tax Foundation of Hawaii.

Your Committee finds that a whole house water filter system is a filtration system that is installed where the main water line enters a home and removes impurities and contaminants from water that is distributed throughout the home. This filtration system can help reduce contaminants such as chlorine, iron, sulfur, and more from drinking water. This measure can help protect public health by providing an incentive for tax payers to add additional protections for their water supplies.

Your Committee has amended this measure by 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 Economic Development that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1709, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 1709, H.D. 1, and be referred to your Committee on Finance.

Respectfully submitted on behalf of the members of the Committee on Economic Development,

____________________________

SEAN QUINLAN, Chair