STAND. COM. REP. NO. 2179
RE: S.B. No. 1069
Honorable Scott K. Saiki
Speaker, House of Representatives
Thirtieth State Legislature
Regular Session of 2019
State of Hawaii
Your Committee on Finance, to which was referred S.B. No. 1069, S.D. 1, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO REDUCTION OF NOISE FROM HELICOPTER OPERATIONS,"
begs leave to report as follows:
(1) Allowing qualifying taxpayers to take a Helicopter Noise-Canceling Technology System Tax Credit (Tax Credit) of an unspecified amount for the installation of a helicopter noise-canceling technology system on a helicopter owned by a taxpayer; and
(2) Establishing a tour helicopter surcharge on every commercial helicopter business for deposit into a newly established Helicopter Noise-Canceling Technology System Special Fund to pay the cost of administering the Tax Credit program.
A few concerned individuals supported this measure. Helicopter Association International, Jack Harter Helicopters, Activities & Attractions Association of Hawaii, K & S Helicopters, Inc., dba Paradise Helicopters, Hawaii Helicopter Association, and several concerned individuals opposed this measure. The Department of the Attorney General, Department of Taxation, Department of Budget and Finance, Office of the Mayor of the County of Hawai‘i, Tax Foundation of Hawaii, Safari Aviation, Inc., and a few concerned individuals submitted comments on this measure.
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 S.B. No. 1069, S.D. 1, H.D. 1, and recommends that it pass Third Reading.
Respectfully submitted on behalf of the members of the Committee on Finance,
SYLVIA LUKE, Chair