Bill Text: HI SB2224 | 2012 | Regular Session | Amended
Bill Title: Tax Lien and Encumbrance Record
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Passed) 2012-04-25 - (S) Act 067, 4/24/2012 (Gov. Msg. No. 1168). [SB2224 Detail]
Download: Hawaii-2012-SB2224-Amended.html
STAND. COM. REP. NO. 2728
Honolulu, Hawaii
RE: S.B. No. 2224
S.D. 1
Honorable Shan S. Tsutsui
President of the Senate
Twenty-Sixth State Legislature
Regular Session of 2012
State of Hawaii
Sir:
Your Committee on Ways and Means, to which was referred S.B. No. 2224, S.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO THE TAX LIEN AND ENCUMBRANCE RECORD,"
begs leave to report as follows:
The purpose and intent of this measure is to clarify that judgments are valid claims for purposes of encumbrances in the tax lien and encumbrance record.
In addition, this measure:
(1) Allows a taxpayer to enter into a payment agreement with the Department of Taxation to avoid a lien and encumbrance recordation; and
(2) Clarifies that, under certain conditions, state and county agencies are not required to pay a fee for the recording of an entry in the tax lien and encumbrance record.
Your Committee received written comments in support of this measure from the City and County of Honolulu, Division of Motor Vehicles, Licensing and Permits.
Your Committee finds that encumbrances on real property and motor vehicles are an effective mechanism for recovering outstanding debts. This measure will facilitate state and county agencies' use of the tax lien and encumbrance record to assist in the recovery of outstanding debts owed to the agencies.
As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2224, S.D. 1, and recommends that it pass Third Reading.
Respectfully submitted on behalf of the members of the Committee on Ways and Means,
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____________________________ DAVID Y. IGE, Chair |
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