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HOUSE OF REPRESENTATIVES                H.B. NO.           
TWENTIETH LEGISLATURE, 1999                                
STATE OF HAWAII                                            
                                                             
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                   A  BILL  FOR  AN  ACT

RELATING TO CONFORMITY OF THE HAWAII INCOME TAX LAW TO THE
   INTERNAL REVENUE CODE.



BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

 1      SECTION 1.  The purpose of this Act is to conform the
 
 2 Hawaii Income Tax Law to the Internal Revenue Code.
 
 3      SECTION 2.  Chapter 235, Hawaii Revised Statutes, is
 
 4 amended to effectuate the purpose of this Act.
 
 5      SECTION 3.  This Act, upon its approval, shall apply to
 
 6 taxable years beginning after December 31, 1998, except as
 
 7 otherwise provided in this Act.
 
 8 
 
 9                           INTRODUCED BY:  _______________________
 

 
a                                                     TAX-01(99)