STAND

 

STAND. COM. REP. NO. 4-04

Honolulu, Hawaii

, 2004

RE: H.B. No. 1904

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Second State Legislature

Regular Session of 2004

State of Hawaii

Sir:

Your Committee on Public Safety and Military Affairs, to which was referred H.B. No. 1904 entitled:

"A BILL FOR AN ACT RELATING TO TAXATION,"

begs leave to report as follows:

The purpose of this bill is to support our citizen-soldiers by raising the income tax deduction received by members of the reserves of the United States Armed Forces and the National Guard from the first $1,750 of compensation for performance of duty to the first $5,000 of such compensation.

The state Department of Defense, Chamber of Commerce of Hawaii, and a concerned citizen supported this bill. The Department of Taxation supported the intent of the measure. The Tax Foundation of Hawaii submitted comments.

As affirmed by the record of votes of the members of your Committee on Public Safety and Military Affairs that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1904 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 Public Safety and Military Affairs,

 

		____________________________ KEN ITO, Chair