STAND

 

STAND. COM. REP. NO. 928-04

Honolulu, Hawaii

, 2004

RE: S.B. No. 2364

S.D. 1

 

 

 

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 S.B. No. 2364, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO TAXATION,"

begs leave to report as follows:

The purpose of this bill is to increase the income tax deduction provided to national guard members and other reservists.

Your Committee supports a strong military presence locally as the global uncertainties of our nation's war on terrorism requires heightened homeland security measures statewide. A strong military presence also benefits Hawaii during times of natural disasters and other emergencies.

This bill provides an excellent incentive for the recruitment and retention of qualified and motivated national guard members and military reserve personnel. The bill provides a blank amount to be excluded from gross income, for the purpose of continued discussion and pending final disposition of the state budget.

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 S.B. No. 2364, S.D. 1, 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