STAND. COM. REP. NO. 1392
RE: S.B. No. 396
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. 396, S.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO MARKETPLACE FACILITATORS,"
begs leave to report as follows:
(1) Establishing that marketplace facilitators, that provide a physical or electronic forum for the sale of tangible or intangible property or services by another and collect payments from purchasers, are retail sellers subject to general excise and use tax requirements; and
(2) Establishing that other market actors that provide a physical or electronic forum for the sale of property or services by others may elect:
(A) To comply with notice and reporting requirements to enforce direct remittance of general excise and use taxes to the Department of Taxation by purchasers; or
(B) To be classified as a retailer subject to general excise and use tax requirements.
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. 396, S.D. 1, and recommends that it pass Second Reading and be placed on the calendar for Third Reading.
Respectfully submitted on behalf of the members of the Committee on Finance,
SYLVIA LUKE, Chair