THE SENATE
                 THE TWENTIETH LEGISLATURE


                COMMITTEE ON WAYS AND MEANS
             Senator Carol Fukunaga, Co-Chair
              Senator Andrew Levin, Co-Chair

                     NOTICE OF HEARING

        DATE:    Tuesday, February 8, 2000
        TIME:    9:00 a.m.

        PLACE:   Conference Room 211
                 State Capitol
                 415 South Beretania Street




                        A G E N D A

S.B. 2795   RELATING TO THE EMERGENCY AND BUDGET RESERVE FUND   WAM
            Establishes an Emergency and Budget Reserve Fund.
            Revises the amount of moneys appropriated from the
            Hawaii Tobacco Settlement Special Fund to the
            Emergency and Budget Reserve Fund.

S.B. 2925   RELATING TO THE FUEL TAX                        WAM, JDC
            Repeals certain fuel tax reporting requirements
            which gather information no longer needed.

S.B. 2938   RELATING TO CONFORMITY OF THE HAWAII INCOME TAX LAW  WAM
            TO THE INTERNAL REVENUE CODE
            Amends Hawaii's Income Tax Law to conform with the
            changes to the Internal Revenue Code.

S.B. 2939   RELATING TO THE INTEGRATED TAX INFORMATION          WAM
            MANAGEMENT SYSTEMS ACQUISITION BY THE DEPARTMENT
            OF TAXATION
            Allows the department to meet, in a timely manner,
            its financial obligations under the integrated tax
            information management systems performance-based
            contract.


 
 
 
 
 
 


 
S.B. 2940   RELATING TO THE DEPARTMENT OF TAXATION              WAM
            Established fees for research and reproduction of
            records in response to investigative subpoenas
            issued by the department's criminal tax
            investigation unit.

S.B. 2941   PROPOSING AN AMENDMENT TO ARTICLE VII, SECTION   WAM, JDC
            3, OF THE STATE CONSTITUTION TO PROVIDE FOR THE
            APPOINTMENT OF A TAX REVIEW COMMISSION EVERY
            TEN YEARS
            Changes the appointment of a Hawaii tax review
            commision from every five years to every ten years
            starting in 2005.

S.B. 2942   RELATING TO THE GENERAL FUND EXPENDITURE CEILING    WAM
            REPORTING DATES
            Changes the dates on which the Council must report
            its estimates of total state personal income to
            the director of finance, the governor, the chief
            justice, and the legislature.

S.B. 2946   RELATING TO TAXATION APPEALS                        WAM
            Eliminates requirement of paying tax assessed
            prior to appealing the assessment ot the district
            board of review.

S.B. 2947   RELATING TO DISCLOSURE OF TAX INFORMATION           WAM
            Permits the disclosure of general excise/use tax
            return and tax return information to a person
            contractually obligated to pay general excise and
            use taxes assessed against another.

S.B. 2056   RELATING TO INDIVIDUAL DEVELOPMENT ACCOUNT          WAM
            CONTRIBUTION TAX CREDITS
            Establishes Individual Development account
            Contrbution tax credit equal to fifty per cent of
            the contribution.

S.B. 2058   RELATING TO INCOME TAX CREDITS                      WAM
            Authorizes an earned income tax credit.

S.B. 2421   RELATING TO TAXATION                                WAM
            Allows income tax refund check-off.

S.B. 2716   RELATING TO TAXATION                                WAM
            Protects the seller for GET purposes from a
            purchaser's tax liability due to the purchaser's
            mistaken claim to a wholesale rate of one-half of
            one per cent instead of the four per cent tax
            rate.

 
Persons wishing to testify should submit 40 copies of their
testimony, three hole punched, and single sided to the committee
clerk, Room 210, State Capitol, 24 hours prior to the hearing.
Testimony may also be faxed if less than 5 pages in length, to
the Senate Sergeant-At-Arms Office at 586-6659 or 1-800-586-6659
(toll free for neighbor islands), at least 24 hours prior to the
hearing.  Please be prepared to summarize your testimony upon
request.  When faxing, please indicate to whom the testimony is
being submitted, the date and time of the hearing, and the
required number of copies needed for submittal.

If you require special assistance or auxiliary aids or services
to participate in the public hearing process (i.e., sign language
interpreter, wheelchair accessibility, or parking designated for
the disabled), please contact the committee clerk 24 hours prior
to the hearing so arrangements can be made.

FOR FURTHER INFORMATION, PLEASE CALL THE COMMITTEE CLERK AT 586-
6800.



____________________________      _______________________________
Senator Carol Fukunaga            Senator Andrew Levin
Co-Chair                          Co-Chair