HOUSE OF REPRESENTATIVES

THE THIRTY-FIRST LEGISLATURE

REGULAR SESSION OF 2022

 

COMMITTEE ON FINANCE

Rep. Sylvia Luke, Chair

Rep. Kyle T. Yamashita, Vice Chair

 

Rep. Patrick Pihana Branco

Rep. Amy A. Perruso

Rep. Stacelynn K.M. Eli

Rep. Jackson D. Sayama

Rep. Daniel Holt

Rep. Adrian K. Tam

Rep. Greggor Ilagan

Rep. Chris Todd

Rep. Bertrand Kobayashi

Rep. Tina Wildberger

Rep. Lisa Marten

Rep. Bob McDermott

Rep. Scott Y. Nishimoto

 

 

 

NOTICE OF DECISION MAKING

 

DATE:

Thursday, March 3, 2022

TIME:

2:30 p.m.

PLACE:

VIA VIDEOCONFERENCE

Conference Room 308

State Capitol

415 South Beretania Street

 

 

 

THE STATE CAPITOL IS CLOSED TO THE PUBLIC DURING THE ONGOING COVID-19 PANDEMIC

Please note that the committee members will participate remotely via videoconference.

Click here to submit testimony and to testify remotely.

 

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A G E N D A #2

 

The following measures were previously heard on Tuesday March 1, 2022 @ 11:00 a.m.. No public testimony will be accepted.

 

 

HB 2511, HD1

(HSCR376-22)

Status

RELATING TO THE DEPARTMENT OF HAWAIIAN HOME LANDS.

Establishes the Hawaiian home lands special fund. Appropriates funds into and out of the special fund for DHHL to enable beneficiaries of the Hawaiian home lands trust to acquire a residence and to enable DHHL to fulfill its fiduciary duties to beneficiaries. (HD1)

 

JHA, FIN

 

HB 2510, HD1

(HSCR551-22)

Status

RELATING TO INCOME.

Part II: Makes the state earned income tax credit refundable and permanent. Provides for carryforward of nonrefundable credits previously claimed. Part III: Increases and amends the refundable food/excise tax credit. Part IV: Increases minimum wage rate to $11.00 per hour beginning on 1/1/2023, $12.00 per hour beginning on 1/1/2024, $13.00 per hour beginning on 1/1/2025, $14.00 per hour beginning on 1/1/2026, $15.00 per hour beginning on 1/1/2027, $16.00 per hour beginning on 1/1/2028, $17.00 per hour beginning on 1/1/2029, and $18.00 per hour beginning 1/1/2030. Increases the tip credit over the same period. Beginning 7/1/2030 and each year thereafter, requires DLIR to annually adjust the minimum wage hourly rate and tip credit amount for the following January 1 based on the average of the increases to the statewide median hourly wage for all occupations over the previous three years compiled by the United States Bureau of Labor Statistics. Part V: Amends the household and dependent care tax credit to apply to expenses paid for the care of a qualifying individual, regardless of age. Part VI: Increases the cap on revenues that may be deposited into the tax administration special fund and authorizes that moneys in the fund shall also be used for outreach to educate low-wage earners about their withholding options and to provide support when completing their withholding forms. Appropriates funds from the tax administration special fund for the purpose of this part. Effective 12/25/2040. (HD1)

 

LAT, FIN

HB 1840, HD1

(HSCR544-22)

Status

RELATING TO DISTRICT BOUNDARY AMENDMENTS.

Authorizes the appropriate county land use decision-making authority to determine district boundary amendments involving land areas over fifteen acres but less than or equal to fifty acres if the county has adopted an ordinance that meets certain requirements, including the requirement that the district boundary amendment is necessary to produce housing, sixty per cent of which shall be reserved for occupants whose incomes do not exceed eighty per cent of the area median income. Prohibits parceling of such lands. 7/1/2050. (HD1)

 

WAL, CPC, FIN

 

 

 

 

 

 

 

Persons wishing to offer comments should submit testimony at least 24 hours prior to the hearing. Testimony received after this time will be stamped late and left to the discretion of the chair to consider. While every effort will be made to incorporate all testimony received, materials received on the day of the hearing or improperly identified or directed, may not be processed.

 

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The chair may institute a per-testifier time limit.

 

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FOR AMENDED NOTICES: Measures that have been deleted are stricken through and measures that have been added are bolded.

 

For more information, please contact the Committee Clerk at 586-6200

 

 

 

 

 

 

________________________________________

Rep. Sylvia Luke

Chair