STAND. COM. REP. NO.3283

Honolulu, Hawaii

, 2002

RE: H.B. No. 2741

H.D. 2

S.D. 2

 

 

Honorable Robert Bunda

President of the Senate

Twenty-First State Legislature

Regular Session of 2002

State of Hawaii

Sir:

Your Committee on Ways and Means, to which was referred H.B. No. 2741, H.D. 2, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO THE CIGARETTE AND TOBACCO TAX,"

begs leave to report as follows:

The purpose of this measure is to change the excise tax paid by wholesalers or dealers on cigarettes and tobacco products sold or used after June 30, 2002, to an unspecified amount per cigarette and to an unspecified percentage for other tobacco products.

Your Committee has amended this measure to raise the excise tax on cigarettes from five cents to ten cents, and to leave the excise tax percentage paid on other tobacco products at the current rate of forty per cent.

It is your Committee's intent that revenues raised by this measure will be used to offset moneys taken from the Hawaii Hurricane Relief Fund. Your Committee notes that its current financial plan includes this intent.

As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 2741, H.D. 2, S.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 2741, H.D. 2, S.D. 2.

Respectfully submitted on behalf of the members of the Committee on Ways and Means,

____________________________

BRIAN T. TANIGUCHI, Chair