Bill Text: HI HB333 | 2010 | Regular Session | Amended

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Earned Income Tax Credit; Tax Preparers; TANF Funds

Spectrum: Moderate Partisan Bill (Democrat 14-3)

Status: (Enrolled - Dead) 2009-05-11 - Carried over to 2010 Regular Session. [HB333 Detail]

Download: Hawaii-2010-HB333-Amended.html

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STAND. COM. REP. NO.  139

 

Honolulu, Hawaii

                , 2009

 

RE:   H.B. No. 333

      H.D. 1

 

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fifth State Legislature

Regular Session of 2009

State of Hawaii

 

Sir:

 

     Your Committee on Human Services, to which was referred H.B. No. 333 entitled:

 

"A BILL FOR AN ACT RELATING TO TAXATION,"

 

begs leave to report as follows:

 

     The purpose of this bill is to:

 

     (1)  Create a state earned income tax credit initially funded      with TANF funds; and

 

     (2)  Restrict the interest charged by tax preparers to              clients who claim the earned income tax credit.

 

     The Hawaii Alliance for Community Based Economic Development testified in support of this bill.  The Department of Taxation and Department of Human Services provided comments.

 

     Accordingly, your Committee has amended this bill by changing the effective date to January 1, 2050 to encourage further discussion.

 

     As affirmed by the record of votes of the members of your Committee on Human Services that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 333, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 333, H.D. 1, and be referred to the Committee on Finance.

 

Respectfully submitted on behalf of the members of the Committee on Human Services,

 

 

		____________________________ JOHN M. MIZUNO, Chair