STAND. COM. REP. 187

Honolulu, Hawaii

, 2003

RE: H.B. No. 1226

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Second State Legislature

Regular Session of 2003

State of Hawaii

Sir:

Your Committee on Economic Development and Business Concerns, to which was referred H.B. No. 1226 entitled:

"A BILL FOR AN ACT RELATING TO SIMPLIFIED TAX ADMINISTRATION,"

begs leave to report as follows:

The purpose of this bill is to reduce the burden of tax compliance for all sellers and all types of commerce by authorizing the State to participate in multi-state discussions aimed at developing an interstate agreement to streamline sales and use tax administration.

The Department of Taxation testified in support of this bill. The Office of Information Practices and the Tax Foundation of Hawaii submitted comments.

As affirmed by the record of votes of the members of your Committee on Economic Development and Business Concerns that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1226 and recommends that it pass Second Reading and be referred to the Committee on Finance.

 

Respectfully submitted on behalf of the members of the Committee on Economic Development and Business Concerns,

____________________________

BRIAN SCHATZ, Chair