Bills of interest for Wednesday, February 10, 2010

COMMITTEE ON HOUSING
9:00 A.M. – ROOM 325

HB2280 RELATING TO THE HOMELESS
Assists the homeless in reuniting with their families. Creates the parks for homeless special fund. ($) (CABANILLA)

HB2318 RELATING TO THE HOMELESS
Establishes a 5-year housing first pilot program to be developed by the Hawaii public housing authority and the department of human services for homeless individuals who are chronically addicted or mentally ill. ($) (CABANILLA)


COMMITTEE ON FINANCE – AGENDA #2
3:00 P.M. – ROOM 308

HB1948 RELATING TO TAXATION
Requires the department of taxation to provide refunds to taxpayers within 90 days or the due date of the tax, whichever occurred first. (CHONG)

HB2313 RELATING TO TAXATION
Repeals the income tax provision that requires the reporting of gambling winnings but not losses. (CHONG)

HB2868 RELATING TO TAXATION
Places a cap on itemized deductions claimed on state income tax returns. Applies to taxable years beginning after 12/31/09 and sunsets on 12/31/15. (SAY)


COMMITTEE ON FINANCE – AGENDA #3
4:00 P.M. – ROOM 308

HB2874 RELATING TO THE TRANSIENT ACCOMMODTIONS TAX
Temporarily increases from 7/1/2010 to 6/30/2015 the transient accommodations tax rate on time share units. (SAY)

HB2699 RELATING TO TAXATION
Provides that the transient accommodation tax shall be assessed and collected at a minimum rate of $8 per day. Effective 7/1/10. (YAMASHITA)

HB2882 RELATING TO TAXATION
Imposes the general excise tax at a 4% rate on the gross income from the sale of securities. Repeals the general excise tax exemption for stock or future exchanges. Takes effect on 10/01/10 and sunsets on 06/30/15, except that the repeal of the exchange exemption shall be permanent. (SAY)

HB2884 RELATING TO TAXATION
Imposes the general excise tax at the rate of 4% on the death benefits and other gross income derived by a provider of a life settlement contract. Takes effect on 07/01/10 and sunsets on 06/30/15. (SAY)