STAND. COM. REP. NO. 561

 

Honolulu, Hawaii

                  

 

RE:    S.B. No. 1136

 

 

 

Honorable Donna Mercado Kim

President of the Senate

Twenty-Eighth State Legislature

Regular Session of 2015

State of Hawaii

 

Madam:

 

     Your Committee on Ways and Means, to which was referred S.B. No. 1136 entitled:

 

"A BILL FOR AN ACT RELATING TO SECTION 235-55.91, HAWAII REVISED STATUTES,"

 

begs leave to report as follows:

 

     The purpose and intent of this measure is to update references to the Internal Revenue Code in section 235-55.91(e), Hawaii Revised Statutes, relating to credit for employment of vocational rehabilitation referrals.

 

     Your Committee received testimony in support of this measure from the Department of Taxation.  The Tax Foundation of Hawaii provided comments on the measure.

 

     Your Committee finds that the Working Families Tax Relief Act of 2004, Public Law No. 108-311, relocated certain references to dependents within the Internal Revenue Code.  Your Committee further finds that this measure corrects the references to the redesignated sections in the Internal Revenue Code within section 235-55.91(e), Hawaii Revised Statutes.

 

     As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 1136 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 Ways and Means,

 

 

 

____________________________

JILL N. TOKUDA, Chair