STAND. COM. REP. NO. 608-04

Honolulu, Hawaii

, 2004

RE: H.B. No. 1946

H.D. 1

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Second State Legislature

Regular Session of 2004

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.B. No. 1946 entitled:

"A BILL FOR AN ACT RELATING TO BEACH RESTORATION AND PROTECTION,"

begs leave to report as follows:

The purpose of this bill is to authorize an income tax check-off for taxpayers to donate part of their income tax refund to the Beach Restoration Special Fund.

The Hawaii Chapter of the Sierra Club, Hawaii Audubon Society, Speckelsville Community Association, and Sugar Cove Owners Association submitted testimony in support of this bill. The Department of Land and Natural Resources and Department of Business, Economic Development, and Tourism supported the intent of this bill. The Department of Taxation opposed this bill. The Tax Foundation of Hawaii submitted comments.

Your Committee has amended this bill by:

(1) Changing the effective date to July 1, 2010, to facilitate further discussion; and

(2) Making technical, nonsubstantive changes for purposes of style and clarity.

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 H.B. No. 1946, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 1946, H.D. 1.

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

 

____________________________

DWIGHT Y. TAKAMINE, Chair