HB 1908 HD 1

RELATING TO INDIVIDUAL DEVELOPMENT ACCOUNT CONTRIBUTION TAX CREDITS

By Representative(s) KAHIKINA / LEE / MORITA / AHU ISA / LEONG / MARUMOTO / CATALANI / YOSHINAGA / KAWAKAMI / THIELEN / AUWAE / LUKE / OSHIRO, M. / ARAKAKI / ABINSAY / TAKAI / TAKUMI / SCHATZ / SANTIAGO / MORIHARA; Espero, Halford, Hiraki, Ito, McDermott, Menor, Saiki, Suzuki, Yonamine

Keywords: BANKS AND BANKING, DEPARTMENT OF HUMAN SERVICES, DEPARTMENT OF TAXATION, HUMAN SERVICES, INCOME TAX, PUBLIC WELFARE, TAX CREDITS OR REFUNDS, TAX EXEMPTIONS, TAXATION

Report Title: Tax Credits

Description: Establishes Individual Development Account Contribution tax credit equal to fifty per cent of the contribution. (HB1908 HD1)

 1-21-00        H Introduced and passed First Reading                      
 1-24-00        H Referred to the committees on 1. HSH 2. FIN ,
                  referral sheet 4
 2- 3-00        H Bill scheduled to be heard by HSH on Friday, 02/11/
                  00 at 9:00 - 11:45 A.M. in House conference room
                  329.
 2-11-00        H The committee on HSH recommends that the measure be         
                  PASSED, UNAMENDED.
 2-11-00        H The votes in HSH were as follows:7 Ayes: Rep.(s)
                  Arakaki, Kahikina, Kawakami, Lee, Santiago, Leong,
                  McDermott; Ayes with reservations: Rep.(s) ; none
                  Noes: Rep.(s) ; and 1 Excused: Rep.(s) Stegmaier
 2-18-00        H Reported from the committee on HSH (Stand. Com. Rep.        
                  No. 364-00), recommending passage on Second Reading         
                  and referral to the committee on FIN
 2-18-00        H Passed Second Reading and referred to the committee         
                  on FIN
 2-18-00        H The vote was as follows:  47 aye(s), with none
                  voting no and Representative(s) Menor, Okamura,
                  Pendleton, Stegmaier excused
 2-23-00        H Bill scheduled to be heard by FIN on Friday,
                  02-25-00 at 10:30 A.M. in House conference room
                  308.
 2-25-00        H The committee on FIN recommends that the measure be         
                  PASSED, WITH AMENDMENTS.
 2-25-00        H The votes in FIN were as follows:15 Ayes: Rep.(s)
                  Takamine, Kawakami, Ahu Isa, Catalani, Espero,
                  Goodenow, Kanoho, Luke, Nakasone, Schatz, Suzuki,
                  Yamane, Marumoto, Meyer, Moses; Ayes with
                  reservations: Rep.(s) ; none Noes: Rep.(s) ; and 2
                  Excused: Rep.(s) Kahikina, Fox
 3- 3-00        H Reported from the committee on FIN (Stand. Com. Rep.        
                  No. 764-00) as amended in (HD 1), recommending
                  passage on Third Reading
 3- 3-00        H Forty-eight (48) hours notice 03-07-00                   
 3- 7-00        H Passed Third Reading as amended in (HD 1)                
 3- 7-00        H The vote was as follows:  46 aye(s), with none
                  voting no and Representative(s) Cachola, Garcia,
                  Herkes, Okamura, Santiago excused
 3- 7-00        H Transmitted to Senate                                    
 3- 9-00        S Received from House (Hse. Com. No. 163)                  
 3- 9-00        S Passed First Reading and referred to WAM