STAND. COM. REP. NO. 2494

Honolulu, Hawaii

, 2006

RE: S.B. No. 3063

S.D. 1

 

 

Honorable Robert Bunda

President of the Senate

Twenty-Third State Legislature

Regular Session of 2006

State of Hawaii

Sir:

Your Committee on Commerce, Consumer Protection, and Housing, to which was referred S.B. No. 3063 entitled:

"A BILL FOR AN ACT RELATING TO TAXATION,"

begs leave to report as follows:

The purpose of this measure is to exempt the sale of gasoline or diesel fuel from the state general excise tax and raise the state fuel tax on gasoline with the increase deposited into the general fund.

Testimony in support of this measure was submitted by Citizens Against Gasoline Price Gouging. Comments were submitted by the Department of Taxation, the Tax Foundation of Hawaii, and the Western States Petroleum Association.

Your Committee has amended this measure by making technical, nonsubstantive amendments to comport with the intent that the increase in the state fuel tax be deposited into the general fund.

As affirmed by the record of votes of the members of your Committee on Commerce, Consumer Protection, and Housing that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 3063, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 3063, S.D. 1, and be referred to the Committee on Ways and Means.

Respectfully submitted on behalf of the members of the Committee on Commerce, Consumer Protection, and Housing,

____________________________

RON MENOR, Chair