Bill Text: HI SB800 | 2012 | Regular Session | Amended
Bill Title: Health; Tax Credits
Spectrum: Strong Partisan Bill (Democrat 10-1)
Status: (Introduced - Dead) 2011-12-01 - Carried over to 2012 Regular Session. [SB800 Detail]
Download: Hawaii-2012-SB800-Amended.html
STAND. COM. REP. NO. 255
Honolulu, Hawaii
RE: S.B. No. 800
S.D. 1
Honorable Shan S. Tsutsui
President of the Senate
Twenty-Sixth State Legislature
Regular Session of 2011
State of Hawaii
Sir:
Your Committees on Health and Economic Development and Technology, to which was referred S.B. No. 800 entitled:
"A BILL FOR AN ACT RELATING TO TAX CREDITS,"
beg leave to report as follows:
The purpose and intent of this measure is to create a tax credit to encourage qualifying businesses to create wellness programs for their employees.
Your Committees received testimony in support of this measure from the Healthcare Association of Hawaii and the American Heart Association. Your Committees received comments on this measure from the Tax Foundation of Hawaii.
Your Committees find that employers can help their employees make better lifestyle choices by establishing wellness programs that seek to maintain and promote good health. Your Committees have heard the concerns regarding the establishment of a refundable tax credit for employers who create wellness programs.
Accordingly, your Committees have amended this measure by:
(1) Limiting the allowable claimants of the tax credit to those qualifying employers that are eligible for grants to provide comprehensive workplace wellness programs under the federal Patient Protection and Affordable Health Care Act, Public Law 111-148; and
(2) Making technical, nonsubstantive amendments for the purposes of clarity and consistency.
As affirmed by the records of votes of the members of your Committees on Health and Economic Development and Technology that are attached to this report, your Committees are in accord with the intent and purpose of S.B. No. 800, as amended herein, and recommend that it pass Second Reading in the form attached hereto as S.B. No. 800, S.D. 1, and be referred to the Committee on Ways and Means.
Respectfully submitted on behalf of the members of the Committees on Health and Economic Development and Technology,
____________________________ CAROL FUKUNAGA, Chair |
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____________________________ JOSH GREEN, M.D., Chair |
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