THE SENATE

KA AHA KENEKOA

 

THE THIRTY-SECOND LEGISLATURE

REGULAR SESSION OF 2023

 

COMMITTEE ON WAYS AND MEANS

Senator Donovan M. Dela Cruz, Chair

Senator Gilbert S.C. Keith-Agaran, Vice Chair

 

NOTICE OF DECISION MAKING

 

 

DATE:

Wednesday, April 5, 2023

TIME:

12:31 PM

PLACE:

Conference Room 211 & Videoconference

State Capitol

415 South Beretania Street

 

PHOTO ID REQUIRED FOR ENTRANCE TO THE STATE CAPITOL

BUILDING HOURS: 7AM TO 5PM, MONDAY - FRIDAY

Face masks are recommended while visiting the State Capitol and may be required in some offices.

Please refer to posted signage for guidance

 

These policies are subject to change and may be adjusted based on evolving COVID-19 guidelines.

Please check the Legislature’s website for updates www.capitol.hawaii.gov.

 

A live stream of all Senate Standing Committee meetings will be available on the Senate YouTube Channel.

 

 

A G E N D A

 

The Committees will meet to reconsider their previous decision on this measure. Additional written testimony will also be accepted.

 

HB 954, HD2

      (HSCR1178)

      Status & Testimony

RELATING TO TAXATION.

Increases the amounts for the income tax brackets and personal exemption and standard deduction amounts for tax year 2023.  Adjusts annually for tax years beginning after December 31, 2023, the income tax brackets and personal exemption, and standard deduction amounts by a cost-of-living adjustment factor.  Amends the taxable income brackets and income tax rates for each filing status for taxable years beginning after 12/31/2022.  Changes the amount of the state earned income tax credit to an unspecified percentage of the federal earned income tax credit allowed based on an individual's federal income tax return.  Effective 6/30/3000.  (HD2)

 

WAM

HB 1049, HD2

      (HSCR1164)

      Status & Testimony

RELATING TO INCOME TAX.

Adds new tax credit for teacher's expenses.  Adjusts annually for tax years beginning after December 31, 2023, the dependent care credit and household renters credit by a cost-of-living adjustment factor.  Effective 6/30/3000.  (HD2)

 

WAM

 

 

 

 

Decision making meeting only, no oral testimony will be accepted.

 

Persons wishing to submit written testimony may do so up to 24 hours prior to the hearing. Click here to submit written testimony.

 

All testimony received by the Hawaii Senate is posted on the Hawai‘i Legislature's website, which is accessible to the public. Please do not include private information that you do not want disclosed to the public.

 

The cable TV broadcast and/or live stream of this meeting will include closed captioning. If you require other auxiliary aids or services to participate in the public hearing process (i.e., interpretive services (oral or written) or ASL interpreter), please contact the committee at [email protected] at least 24 hours prior to the hearing so that arrangements can be made.

 

FOR AMENDED NOTICES:  Measures that have been deleted are stricken through and measures that have been added are underscored.  If a measure is both underscored and stricken through, that measure has been deleted from the agenda.

 

FOR FURTHER INFORMATION, PLEASE CALL THE COMMITTEE CLERK AT (808) 586-6800.

 

 

 

 

_____________________________________

Senator Donovan M. Dela Cruz

Chair