HOUSE OF REPRESENTATIVES

THE TWENTY-FIRST LEGISLATURE

REGULAR SESSION OF 2002

COMMITTEE ON FINANCE

Rep. Dwight Takamine, Chair

Rep. Bertha Kawakami, Vice Chair

Rep. Ben Cabreros

Rep. Nobu Yonamine

Rep. Willie Espero

Rep. Ron Davis

Rep. Michael Magaoay

Rep. Charles Djou

Rep. Bob Nakasone

Rep. Bertha Leong

Rep. Scott Saiki

Rep. Mark Moses

Rep. Nathan Suzuki

Rep. Jim Rath

NOTICE OF HEARING

DATE:

Thursday, February 7, 2002

TIME:

3:30 p.m.

PLACE:

Conference Room 308

State Capitol

415 South Beretania Street

A G E N D A # 2

HB 1823

RELATING TO GOVERNMENT SERVICES.

Provides a general excise tax exemption for sales and services paid by the State, increases the central services fee to 7% and abolishes all central services fee exemptions.

FIN

HB 2381

RELATING TO TAXATION.

Establishes a one-time tax amnesty period for delinquent taxpayers, beginning 1/1/03 and ending 7/31/03.

FIN

HB 1996

RELATING TO THE ADMINISTRATION OF TAXES.

Lowers the adjusted gross income threshold for individuals required to make annual payments for underpaying their estimated taxes. Also reduces the percentages used to determine the required annual payment.

FIN

HB 2568

RELATING TO THE COLLECTION OF TAXES.

Assists in the collection of taxes by: (1) expanding the Department's current authority to ascertain the true value if sales should be of products between affiliated companies or persons when the consideration paid is not indicative of the true value to sales of services and all taxes; (2) providing a continuous levy on the salary or wages of a delinquent taxpayer; (3) indemnifying a person from third parties when the person honors a state tax levy; and (4) expanding the authority for recovering unpaid withholding taxes.

FIN

HB 2569

RELATING TO THE CONFORMITY OF THE STATE TAX LAWS TO THE UNITED STATES CONSTITUTION.

Provides a credit for taxes paid to another state where the general excise tax is imposed upon a transaction that has been subject to a sales, gross receipts, or use tax in another state or taxing jurisdiction.

FIN

DECISION MAKING TO FOLLOW

PERSONS WISHING TO TESTIFY ARE REQUESTED TO SUBMIT 35 COPIES OF THEIR TESTIMONY AT LEAST 24 HOURS PRIOR TO THE HEARING TO: (1) ROOM 306, STATE CAPITOL, OR (2) THE HOUSE SGT.-AT-ARMS PERSONNEL IN THE TURNAROUND AREA OF THE CAPITOL BASEMENT PARKING LOT. TESTIMONY MAY BE FAXED TO THE HOUSE SGT.-AT-ARMS OFFICE AT: 586-6501 (OAHU) OR 1-800-535-3859 (NEIGHBOR ISLANDS). WHEN FAXING, PLEASE INDICATE TO WHOM THE TESTIMONY IS BEING SUBMITTED, THE DATE AND TIME OF THE HEARING, AND THE REQUIRED NO. OF COPIES THAT ARE NEEDED FOR SUBMITTAL.

IT IS ALSO REQUESTED THAT THE COPIES BE ON ONE SIDE OF AN 8-1/2" X 11" SHEET. FOR FURTHER INFORMATION, PLEASE CALL THE COMMITTEE CLERK AT 586-6200.

IF YOU REQUIRE SPECIAL ASSISTANCE OR AUXILIARY AIDS AND/OR SERVICES TO PARTICIPATE IN THE PUBLIC HEARING PROCESS OF THE STATE HOUSE (I.E., SIGN LANGUAGE INTERPRETER, WHEELCHAIR ACCESSIBILITY, OR PARKING DESIGNATED FOR THE DISABLED), PLEASE CONTACT THE COMMITTEE CLERK AT LEAST 24 HOURS PRIOR TO THE HEARING SO ARRANGEMENTS CAN BE MADE.

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Rep. Dwight Y. Takamine

Chair