STAND. COM. REP. NO. 622

 

Honolulu, Hawaii

, 2017

 

RE: H.B. No. 1587

H.D. 1

 

 

 

 

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Ninth State Legislature

Regular Session of 2017

State of Hawaii

 

Sir:

 

Your Committee on Transportation, to which was referred H.B. No. 1587 entitled:

 

"A BILL FOR AN ACT RELATING TO TAXATION,"

 

begs leave to report as follows:

 

The purpose of this measure is to replace the state vehicle weight tax with a tax based on the assessed value of a vehicle.

 

The Department of Transportation supported the intent of this measure. The Hawaii Transportation Association and Hoomana Pono, LLC., opposed this measure. The Tax Foundation of Hawaii and Hawaii Automobile Dealers Association provided comments.

 

Your Committee has amended this measure by:

 

(1) Changing its effective date to July 1, 2050, to encourage further discussion; and

 

(2) Making technical, nonsubstantive amendments for clarity, consistency, and style.

 

As affirmed by the record of votes of the members of your Committee on Transportation that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1587, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 1587, H.D. 1, and be referred to your Committee on Finance.

 

 

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

 

 

 

 

____________________________

HENRY J.C. AQUINO, Chair