SB 1556 SD 2

RELATING TO GENERAL EXCISE TAX

By Senator(s) KAWAMOTO / IWASE / SAKAMOTO; Anderson, Bunda, Fukunaga, Hanabusa, Nakata, Tam

Keywords: BUSINESS ENTERPRISES, CONTRACTORS, GENERAL EXCISE TAX, MILITARY, PROFESSIONS AND OCCUPATIONS, TAX EXEMPTIONS, TAXATION, UNITED STATES GOVERNMENT

Report Title: GET; Federal Contracts

Description: Exempts from the general excise tax amounts received from federal contractors by contractors or subcontractors provided 85% of the stockholders, owners, managers, and 100% of the employees are residents. Requires a state contracting license for federal construction projects in Hawaii to the extent allowed under federal law. (SD2)

 1-28-99        S Introduced and passed First Reading                      
 2- 1-99        S Referred to 1. TIA 2. WAM                                
 2- 5-99        S Bill scheduled to be heard by TIA on 02-09-99 at
                  1:30 p.m. in conference room 212
 2- 9-99        S The committee on TIA recommends that the measure be         
                  PASSED, WITH AMENDMENTS.
 2- 9-99        S The votes in TIA were as follows: 5 Ayes: Senator(s)        
                  Kawamoto, Bunda, Buen, D. Ige; Ayes with
                  reservations: Senator(s) Inouye; 1 Noes: Senator(s)         
                  Slom; and 2 Excused: Senator(s) Iwase, Taniguchi
 2-19-99        S Reported from TIA (Stand. Com. Rep. No. 253) with
                  recommendation of passage on Second Reading, as
                  amended (SD 1) and referral to WAM
 2-19-99        S Report adopted; Passed Second Reading, as amended
                  (SD 1) and referred to WAM.
 2-25-99        S Bill scheduled to be heard by WAM on 03-01-99 at
                  9:30 a.m. in conference room 211
 3- 1-99        S The measure is deferred.                                 
 3- 2-99        S Notice of public decision making by WAM on 03-04-99         
                  at 6:00 p.m. in conference room 211.
 3- 4-99        S Notice of public decision making by WAM has been
                  rescheduled to 03-05-99 at 10:30 a.m. in conference         
                  room 211.
 3- 5-99        S The committee on WAM recommends that the measure be         
                  PASSED, WITH AMENDMENTS.
 3- 5-99        S The votes in WAM were as follows: 10 Ayes:
                  Senator(s) Fukunaga, Levin, Chun Oakland, Iwase,
                  Kawamoto, Tam, Anderson; Ayes with reservations:
                  Senator(s) Buen, Chun, D. Ige; none Noes: Senator(s)        
                  ; and 3 Excused: Senator(s) M. Ige, Nakata,
                  Taniguchi
 3- 5-99        S Reported from WAM (Stand. Com. Rep. No. 741) with
                  recommendation of passage on Third Reading, as
                  amended (SD 2)
 3- 5-99        S 48 hours notice 03-09-99                                 
 3- 9-99        S Report adopted; Passed Third Reading, as amended (SD        
                  2). Ayes, 24.  Noes, 1 (Slom).  Excused, none ().
 3- 9-99        S Transmitted to House                                     
 3- 9-99        H Received from Senate (Sen. Com. No. 353)                 
 3-11-99        H Introduced and passed First Reading                      
 3-11-99        H Referred to the committees on 1. EDB 2. FIN ,
                  referral sheet 26
 1-19-00        S Carried over to 2000 Regular Session.