SB 1201

RELATING TO TAXATION

By Senator(s) SAKAMOTO; Chumbley, Chun, Chun Oakland, Tanaka

Keywords: GENERAL EXCISE TAX, REAL PROPERTY, TAX ASSESSMENT AND COLLECTION, TAXATION

Report Title: General Excise Tax; Leasing

Description: Modifies the calculation for allocation of partial lease payments for computation of the deduction for leasing under the general excise tax law. Repeals phase-in provisions.

 1-26-99        S Introduced and passed First Reading                      
 1-27-99        S Referred to WAM                                          
 1-29-99        S Bill scheduled to be heard by WAM on 02-04-99 at
                  9:00 a.m. in conference room 211
 2- 4-99        S The measure is deferred.                                 
 3- 2-99        S Notice of public decision making by WAM on 03-05-99         
                  at 9:00 a.m. in conference room 211.
 3- 5-99        S The committee on WAM recommends that the measure be         
                  HELD.
 3- 5-99        S The votes in WAM were as follows: 9 Ayes: Senator(s)        
                  Fukunaga, Levin, Buen, Chun, Chun Oakland, D. Ige,
                  Iwase, Nakata, Anderson; Ayes with reservations:
                  Senator(s) ; none Noes: Senator(s) ; and 4 Excused:         
                  Senator(s) M. Ige, Kawamoto, Tam, Taniguchi
 1-19-00        S Carried over to 2000 Regular Session.