STAND. COM. REP. NO.  1443

 

Honolulu, Hawaii

                , 2011

 

RE:   S.B. No. 1318

      S.D. 1

 

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Sixth State Legislature

Regular Session of 2011

State of Hawaii

 

Sir:

 

     Your Committee on Finance, to which was referred S.B. No. 1318, S.D. 1, entitled:

 

"A BILL FOR AN ACT RELATING TO USE TAX,"

 

begs leave to report as follows:

 

     The purpose of this bill is to clarify the current application of the use tax by eliminating overbroad and redundant language in a provision relating to interstate commerce activities.

 

     The Department of Taxation testified in support of this measure.  The Tax Foundation of Hawaii submitted comments.

 

     As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 1318, S.D. 1, and recommends that it pass Second Reading and be placed on the calendar for Third Reading.

 

Respectfully submitted on behalf of the members of the Committee on Finance,

 

 

 

 

____________________________

MARCUS R. OSHIRO, Chair