Bill Text: HI SB2610 | 2010 | Regular Session | Amended

Hawaii Senate Bill 2610 (Prior Session Legislation)

Bill Title: Taxation; Conveyance Tax

Spectrum: Partisan Bill (Democrat 7-0)

Status: (Vetoed) 2010-07-06 - (S) Vetoed on 07-06-10 - Returned from the Governor without approval (Gov. Msg. No. 676). [SB2610 Detail]

Download: Hawaii-2010-SB2610-Amended.html

CONFERENCE COMMITTEE REP. NO. 95-10

Honolulu, Hawaii

, 2010

RE: S.B. No. 2610

H.D. 1

C.D. 1

Honorable Colleen Hanabusa

President of the Senate

Twenty-Fifth State Legislature

Regular Session of 2010

State of Hawaii

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fifth State Legislature

Regular Session of 2010

State of Hawaii

Madam and Sir:

Your Committee on Conference on the disagreeing vote of the Senate to the amendments proposed by the House of Representatives in S.B. No. 2610, H.D. 1, entitled:

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

having met, and after full and free discussion, has agreed to recommend and does recommend to the respective Houses the final passage of this bill in an amended form.

The purpose of this measure is to require the Director of Taxation to provide the Administrator of each county's real property assessment division with an image of all certificates of conveyances filed with the Bureau of Conveyances.

The current method, whereby the county makes weekly pickups of the printed certificates from the Department of Taxation, is not efficient and would be greatly improved with electronic data transfers of the conveyance certificates filed with the Bureau of Conveyances. The Department of Taxation, which has already implemented a process to scan these documents, would no longer need to provide printed copies of these certificates to the counties. Additionally, the neighbor islands would be able to retrieve the documents directly rather than relying on the City and County of Honolulu's assessment offices. Your Committee finds that receiving these documents in digital format would enable the counties to promptly track recorded ownership, encumbrances, restrictions, uses, and sales prices of real property for the purpose of determining real property tax assessments.

Your Committee has amended this measure by:

(1) Changing the effective date to upon approval; and

(2) Making technical, nonsubstantive changes for the purposes of style and consistency.

As affirmed by the record of votes of the managers of your Committee on Conference that is attached to this report, your Committee on Conference is in accord with the intent and purpose of S.B. No. 2610, H.D. 1, as amended herein, and recommends that it pass Final Reading in the form attached hereto as S.B. No. 2610, H.D. 1, C.D. 1.

Respectfully submitted on behalf of the managers:

ON THE PART OF THE HOUSE

ON THE PART OF THE SENATE

____________________________ KEN ITO, Co-Chair		____________________________ CLAYTON HEE, Chair
____________________________ SHARON E. HAR, Co-Chair		____________________________ J. KALANI ENGLISH, Co-Chair
		____________________________ DONNA MERCADO KIM, Co-Chair