STAND. COM. REP. NO. 1726

 

Honolulu, Hawaii

, 2017

 

RE: S.B. No. 683

S.D. 2

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 Finance, to which was referred S.B. No. 683, S.D. 2, H.D. 1, entitled:

 

"A BILL FOR AN ACT PROPOSING AMENDMENTS TO ARTICLES VII AND X OF THE CONSTITUTION OF THE STATE OF HAWAII TO AUTHORIZE THE LEGISLATURE TO ESTABLISH A SURCHARGE ON RESIDENTIAL INVESTMENT PROPERTY AND VISITOR ACCOMMODATIONS TO INCREASE FUNDING FOR PUBLIC EDUCATION,"

 

begs leave to report as follows:

 

The purpose of this measure is to propose amendments to Articles VII and X of the Constitution of the State of Hawaii to authorize the Legislature to establish a surcharge on residential investment property and visitor accommodations to advance the State's goal of providing a public education for the children of Hawaii.

 

Testimony in support of this measure was received from the Board of Education, Hawaii Teacher Standards Board, Hawaii Women's Coalition, Hawaii Public Charter Schools Network, Hawaii State Teachers Association, Democratic Party of Hawaii, Parents for Public Schools of Hawaii, IMUAlliance, Hui for Excellence in Education, Americans for Democratic Action, Hawaii Alliance for Progressive Action, and numerous individuals. Testimony in opposition to this measure was received from the Mayor of the County of Hawaii; Mayor of the County of Maui; Council Chair of the County of Maui; County of Hawaii Department of Finance Real Property Tax; County of Maui Department of Finance Real Property Assessment Division; The Chamber of Commerce Hawaii; The Westin Princeville; Aqua-Aston Hospitality, LLC; Hilton; Hilton Hawaii; Waikiki Resort Hotel; Hawaii Lodging & Tourism Association; Coalition for Equal Taxation; American Resort Development Association Hawaii; Rental By Owner Awareness Association; Wyndham Vacation Ownership; Kohala Coast Resort Association; Marriott Vacations Worldwide Corporation; Soleil Management Hawaii, LLC; Maui Hotel & Lodging Association; Hawaii Association of Realtors; and several individuals. The Department of Budget and Finance, Department of Education, City and County of Honolulu, Special Education Advisory Council, Tax Foundation of Hawaii, League of Women Voters of Hawaii, Autism Society of Hawaii, and an individual provided 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. 683, S.D. 2, 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