HB2571 HSCR127-02

 

STAND. COM. REP. NO.127-02

Honolulu, Hawaii

, 2002

RE: H.B. No. 2571

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-First State Legislature

Regular Session of 2002

State of Hawaii

Sir:

Your Committee on Economic Development and Business Concerns, to which was referred H.B. No. 2571 entitled:

"A BILL FOR AN ACT RELATING TO TAXATION OF PERSONS WITH IMPAIRED SIGHT OR HEARING OR WHO ARE TOTALLY DISABLED THAT ARE ENGAGED IN BUSINESS,"

begs leave to report as follows:

The purpose of this bill is to provide the same general excise tax benefits to persons who are blind, deaf, or totally disabled regardless of the business entity in which they choose to do business.

Testimony in support of this measure was submitted by the Department of Taxation. The Tax Foundation of Hawaii offered comments.

As affirmed by the record of votes of the members of your Committee on Economic Development and Business Concerns that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 2571 and recommends that it pass Second Reading and be referred to the Committee on Finance.

 

 

Respectfully submitted on behalf of the members of the Committee on Economic Development and Business Concerns,

 

		____________________________ LEI AHU ISA, Chair