THE SENATE
THE TWENTY-NINTH LEGISLATURE
REGULAR SESSION OF 2017

COMMITTEE ON WAYS AND MEANS
Senator Jill N. Tokuda, Chair
Senator Donovan M. Dela Cruz, Vice-Chair

MEASURES DEFERRED TO TUESDAY, MARCH 28, 2017

DATE:

Tuesday, March 28, 2017

TIME:

9:35 AM

PLACE:

Conference Room 211
State Capitol
415 South Beretania Street

DECISION MAKING ON THE FOLLOWING MEASURE(S):

HB209 HD1
(HSCR815)

Status and Testimony

RELATING TO TAXATION.
Expands the low-income household renters income tax credit based on adjusted gross income and filing status.  Establishes a state earned income tax credit.  Restores the income tax rates for high income brackets that were repealed on 12/31/15.  Removes the sunset date for the refundable food/excise tax credit.  (HB209 HD1)

WAM

HB471 HD1
(HSCR822)

Status and Testimony

RELATING TO THE EMERGENCY AND BUDGET RESERVE FUND.
Prohibits the legislature from: (1) appropriating more than 50% of the balance of the Emergency and Budget Reserve Fund in a single fiscal year; (2) appropriating amounts from the Fund in a fiscal year exceeding 10% of the total discretionary funds appropriated by the Legislature in the same fiscal year; and (3) making appropriations from the Fund for a succeeding fiscal year unless the current fiscal year's tax collection is negative.  (HB471 HD1)

WAM

No testimony will be accepted.

FOR AMENDED NOTICES:  Measures that have been deleted are stricken through and measures that have been added are underscored.  If a measure is both underscored and stricken through, that measure has been deleted from the agenda.

FOR FURTHER INFORMATION, PLEASE CONTACT THE COMMITTEE CLERK AT 808-587-7215.