STAND. COM. REP. NO. 2076

 

Honolulu, Hawaii

, 2023

 

RE: S.B. No. 667

S.D. 2

H.D. 1

 

 

 

 

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirty-Second State Legislature

Regular Session of 2023

State of Hawaii

 

Sir:

 

Your Committee on Finance, to which was referred S.B. No. 667, S.D. 2, H.D. 1, entitled:

 

"A BILL FOR AN ACT RELATING TO NONPROFIT ORGANIZATIONS,"

 

begs leave to report as follows:

 

The purpose of this measure is to amend, until December 31, 2028, the application of the general excise tax law with regard to gross income derived from unrelated trade or business activities of nonprofit organizations.

 

Your Committee received testimony in support of this measure from the Hawaiian Humane Society; Kilinahe Foundation; Catholic Charities Hawaii; Hawaii State Coalition Against Domestic Violence; Hawaii Substance Abuse Coalition; American Heart Association; Domestic Violence Action Center; Hawaii Alliance of Nonprofit Organizations; Hale Kipa; American Cancer Society Cancer Action Network; Parents and Children Together; Kuaāina Ulu Auamo; The Nature Conservancy - Hawaii and Palmyra; Grow Some Good; Volcano Art Center; Lanakila Pacific; Kuikahi Mediation Center; Zonta Club of Hilo Foundation; Epilepsy Foundation of Hawaii; Big Brothers Big Sisters Hawaii; Epic Ohana, Inc.; Partners In Care; Hawaii Public Health Institute; Samaritan Counseling Center Hawaii; Pacific & Asian Affairs Council; Nā Hale O Maui, a Community Land Trust; Habitat for Humanity Hawaii Island; Child & Family Service; Pacific Whale Foundation; Family Promise of Hawaii; Association of Fundraising Professionals Aloha Chapter; Coalition for a Drug-Free Hawaii; Hope Services Hawaii; Mai Movement Hawaii; W.M. Keck Observatory; and six individuals. Your Committee received comments on this measure from the Department of Taxation and Tax Foundation of Hawaii.

 

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. 667, 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,

 

 

 

 

____________________________

KYLE T. YAMASHITA, Chair