Hawaii State Legislature
2004 Legislative Session

HB719 HD1

Generated on 7/19/2004 11:07:35 AM

Report Title: GE Tax; Exempts Grant Amounts Received As Reimbursements
Description: Exempts amounts received as grants in the form of reimbursements for expenditures from an economic development program sponsored by a federal, state, county, or nonprofit organization from imposition of the general excise tax. Applies to amounts received after December 31, 1999, and allows any credits to be applied to the taxpayer's general excise tax liability in subsequent years until exhausted. (HB719 HD1)
Package: None
Introducer(s): ABINSAY, CHANG, MAGAOAY, SONSON, Herkes, Marumoto, Wakai, Ontai, Schatz, B. Oshiro, Karamatsu
Current Referral:EDB, FIN

Date Status Text
1/24/2003HPass First Reading
1/27/2003HReferred to EDB, FIN, referral sheet 4.
1/27/2003HBill scheduled to be heard by EDB on Thursday, 01-30-03 at 8:30 am in House conference room 325.
1/30/2003HThe committees on EDB recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 14 Ayes: Schatz, Wakai, Abinsay, Chang, Herkes, Karamatsu, Magaoay, B. Oshiro, Sonson, Tamayo, Jernigan, Leong, Marumoto, Ontai; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none.
2/4/2003HReported from the committee on EDB (Stand. Com. Rep. No. 56) as amended in (HD 1), recommending passage on Second Reading and referral to the committee on FIN.
2/4/2003HPassed Second Reading as amended in (HD 1) and referred to the committee(s) on FIN with none voting no and Hiraki, Sonson excused.
8/21/2003DCarried over to 2004 Regular Session

$ = Appropriation measure
ConAm = Constitutional Amendment