STAND. COM. REP. NO. 531

 

Honolulu, Hawaii

                  

 

RE:    S.B. No. 92

       S.D. 1

 

 

 

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. 92 entitled:

 

"A BILL FOR AN ACT RELATING TO TAXATION,"

 

begs leave to report as follows:

 

     The purpose and intent of this measure is to amend the law regarding taxation.

 

     Your Committee has amended this measure by inserting language that:

 

     (1)  Requires the Department of Taxation to publish reports on certain general excise tax exemptions; and

 

     (2)  Repeals specific annual reporting deadlines.

 

     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. 92, as amended herein, and recommends that it be recommitted to the Committee on Ways and Means, in the form attached hereto as S.B. No. 92, S.D. 1, for further consideration.

 

Respectfully submitted on behalf of the members of the Committee on Ways and Means,

 

 

 

________________________________

JILL N. TOKUDA, Chair