STAND. COM. REP. NO. 30
Honolulu, Hawaii
, 2015
RE: H.B. No. 246
H.D. 1
Honorable Joseph M. Souki
Speaker, House of Representatives
Twenty-Eighth State Legislature
Regular Session of 2015
State of Hawaii
Sir:
Your Committee on Human Services, to which was referred H.B. No. 246 entitled:
"A BILL FOR AN ACT RELATING TO TAXATION,"
begs leave to report as follows:
(1) The income tax credit for low-income household renters for taxpayers with adjusted gross income of less than $30,000 from $50 to $150 per qualified exemption; and
(2) The refundable food/excise tax credit, which is based on the taxpayer's adjusted gross income, from $0 to $170 per qualified exemption.
Your Committee has amended this measure to apply to taxable years after December 31, 2015.
Should the Committee on Finance deliberate this measure further, your Committee on Human Services respectfully requests that it consider increasing the income eligibility threshold for the income tax credit for low-income household renters from $30,000 to $60,000.
As affirmed by the record of votes of the members of your Committee on Human Services that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 246, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 246, H.D. 1, and be referred to the Committee on Housing.
Respectfully submitted on behalf of the members of the Committee on Human Services,
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____________________________ DEE MORIKAWA, Chair |
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