Bill Text: HI HB1705 | 2012 | Regular Session | Amended
Bill Title: Taxation; Potable Water
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Passed) 2012-06-29 - (S) Act 184, 6/28/2012 (Gov. Msg. No. 1287). [HB1705 Detail]
Download: Hawaii-2012-HB1705-Amended.html
CONFERENCE COMMITTEE REP. NO. 58-12
Honolulu, Hawaii
, 2012
RE: H.B. No. 1705
H.D. 1
S.D. 1
C.D. 1
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-Sixth State Legislature
Regular Session of 2012
State of Hawaii
Honorable Shan S. Tsutsui
President of the Senate
Twenty-Sixth State Legislature
Regular Session of 2012
State of Hawaii
Sirs:
Your Committee on Conference on the disagreeing vote of the House of Representatives to the amendments proposed by the Senate in H.B. No. 1705, H.D. 1, S.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO TAXATION,"
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 exempt from the state income and general excise taxes, privately-owned nonprofit public water systems that are federally tax-exempt under section 501(c)(12) of the Internal Revenue Code and supply potable water to communities that lack any access to public utility water services.
Your Committee on Conference has amended this measure by making it effective upon its approval.
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 H.B. No. 1705, H.D. 1, S.D. 1, as amended herein, and recommends that it pass Final Reading in the form attached hereto as H.B. No. 1705, H.D. 1, S.D. 1, C.D. 1.
Respectfully submitted on behalf of the managers:
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ON THE PART OF THE SENATE |
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ON THE PART OF THE HOUSE |
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____________________________ DAVID Y. IGE, Chair |
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____________________________ MARCUS R. OSHIRO, Chair |
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