Bill Text: HI HB389 | 2013 | Regular Session | Amended


Bill Title: Income Tax; Check-off

Spectrum: Partisan Bill (Democrat 3-0)

Status: (Engrossed - Dead) 2013-03-15 - The committee on WAM deferred the measure. [HB389 Detail]

Download: Hawaii-2013-HB389-Amended.html

 

 

STAND. COM. REP. NO.  581

 

Honolulu, Hawaii

                , 2013

 

RE:   H.B. No. 389

      H.D. 1

 

 

 

 

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Seventh State Legislature

Regular Session of 2013

State of Hawaii

 

Sir:

 

     Your Committee on Finance, to which was referred H.B. No. 389 entitled:

 

"A BILL FOR AN ACT RELATING TO INCOME TAX,"

 

begs leave to report as follows:

 

     The purpose of this measure is to increase the amount of a state income tax refund that a taxpayer may designate to be paid over to specified trust funds, special funds, and special accounts.

 

     Testimony in support of this measure was received from the Domestic Violence Action Center and a few concerned individuals.  Comments on the measure were submitted by the Department of Taxation and Tax Foundation of Hawaii.

 

     Your Committee finds that the income tax check-off allows taxpayers to support organizations that provide critical community services by designating a portion of their income tax refund for this purpose.  This measure increases from $5 to $10 the amount of an authorized income tax refund that may be designated payable to certain special funds or accounts that support those critical services.

 

     Your Committee has amended this measure by changing the effective date to July 1, 2030, in order to promote continued discussion on this measure.

 

     As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 389, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 389, H.D. 1, and be placed on the calendar for Third Reading.

 

Respectfully submitted on behalf of the members of the Committee on Finance,

 

 

 

 

____________________________

SYLVIA LUKE, Chair

 

 

 

 

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