STAND. COM. REP. NO.  712

 

Honolulu, Hawaii

                , 2013

 

RE:   H.B. No. 563

      H.D. 1

 

 

 

 

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Seventh State Legislature

Regular Session of 2013

State of Hawaii

 

Sir:

 

     Your Committee on Finance, to which was referred H.B. No. 563 entitled:

 

"A BILL FOR AN ACT RELATING TO TAXATION,"

 

begs leave to report as follows:

 

     The purpose of this measure is to allow taxpayers more time to file and pay general excise taxes by amending the filing of monthly, quarterly, and semiannual general excise tax returns from the twentieth day of the respective applicable month to the last day of the month.

 

     The Chamber of Commerce of Hawaii, The Hawaii Business League, and Retail Merchants of Hawaii provided testimony in support of this measure.  The Department of Taxation and Tax Foundation of Hawaii provided comments on this measure.

 

     Your Committee has amended this measure by changing its effective date to July 1, 2030, for the purpose of facilitating further discussion.

 

     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. 563, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 563, H.D. 1, and be placed on the calendar for Third Reading.

 

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

 

 

 

 

____________________________

SYLVIA LUKE, Chair