Report Title:

Experiential Learning Opportunities; Tax Credits

 

Description:

Authorizes the department of taxation to include information on experiential learning opportunities provided to public school students by taxpayers that receive certain technology related tax credits.  (SD2)

 


THE SENATE

S.B. NO.

1133

TWENTY-FOURTH LEGISLATURE, 2007

S.D. 2

STATE OF HAWAII

 

 

 

 

 

A BILL FOR AN ACT

 

 

relating to taxation.

 

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

 


     SECTION 1.  The purpose of this Act is to provide a mechanism for the department of taxation to report on information, submitted voluntarily by taxpayers receiving certain technology related tax credits, on experiential learning opportunities provided by the taxpayer to public school students.

     SECTION 2.  Section 231-3.4, Hawaii Revised Statutes, is amended by amending subsection (a) to read as follows:

     "(a)  The department of taxation shall publish reports on the following:

     (1)  Hawaii income patterns--individuals;

     (2)  Hawaii income patterns--corporations, proprietorships, and partnerships; and

     (3)  Tax credits[.]; provided that for tax credits received under sections 235-110.2, 235-110.3, 235-110.46, 235‑110.51, 235-110.6, 235‑110.8, 235‑110.9, and 235‑110.91, the reports may include information submitted on a voluntary basis by the taxpayer to the department on experiential learning opportunities provided by the taxpayer to public school students; and provided further that the information shall include the:

         (A)  Total number of hours of experiential learning opportunities provided to public school students and the total number of students impacted; and

         (B)  Name of the public educational institution in which the public school students are enrolled, and a description of the experiential learning opportunity provided.

The department shall make each of these reports available in both paper form and commonly accessible electronic forms for a reasonable fee."

     SECTION 3.  Statutory material to be repealed is bracketed and stricken.  New statutory material is underscored.

     SECTION 4.  This Act, upon its approval, shall apply to taxable years beginning after December 31, 2007.