Bills of interest for FRIDAY, February 25, 2011

COMMITTEE ON FINANCE – AGENDA #1
10:00 AM
ROOM 308
HEARING NOTICE

HB815 RELATING TO PUBLIC EMPLOYEES
Makes employer contributions to the employer-union health benefits trust fund non-negotiable under collective bargaining. Establishes employer contributions for active public employees at 50% of monthly cost of the health benefits plan. Limits the trust fund to offering to active employees a medical benefits plan that provides not more than the minimum benefits required under the Hawaii prepaid health care act. Requires the trust fund to offer separate prescription drug, dental, and vision plans. Takes effect on 7/1/2011, and is repealed on 6/30/2015, but does not affect collective bargaining contracts, the cost items of which were approved before the effective date. (SAY)

HB1041 RELATING TO THE HAWAII EMPLOYER-UNION HEALTH BENEFITS TRUST FUND
Eliminates medicare part B reimbursements for employee-beneficiaries and spouses of employee-beneficiaries hired after June 30, 2011. Provides that an employee-beneficiary would be entitled to receive up to ninety percent of medicare part B reimbursements, based on the employee-beneficiary's year or years of credited service on June 30, 2011. Effective July 1, 2011. (HB1041 HD1) (SAY BR)

HB1037 RELATING TO EMPLOYER CONTRIBUTIONS TO THE EMPLOYEES’ RETIREMENT SYSTEM
Sets the rates for employer contributions to the Employees' Retirement System. (SAY BR)


COMMITTEE ON FINANCE – AGENDA #2
11:00 AM
ROOM 308
HEARING NOTICE

HB808 RELATING TO THE CONVEYANCE TAX
Temporarily suspends the distribution of a portion of the conveyance tax to the land conservation fund and rental housing trust fund. Reduces distribution to the natural area reserve fund. (SAY)

HB806 RELATING TO TAXATION
Temporarily modifies the trade or business expense deduction under the income tax as follows: (1) prohibits a deduction for traveling expenses while away from home and out-of-state, and (2) establishes a ceiling on the deduction for the remuneration of a high-paid employee. (SAY)

HB805 RELATING TO TAXATION
Repeals the income tax exemption for income derived from stock options or stock from a qualified high technology business. (SAY)

HB797 RELATING TO TAXATION
Extends the deadline to claim amounts against the high technology business investment tax credit and the technology infrastructure renovation tax credit. (SAY)

HB794 RELATING TO TAXATION
Temporarily places a cap on itemized deductions claimed on state income tax returns until 01/01/16. Suspends the refunding feature of the capital goods excise tax credit for eligible depreciable tangible personal property placed in service after 12/31/10, but before 01/01/15. Applies to taxable years beginning after 12/31/10. Effective retroactive to 01/01/11. (SAY)


COMMITTEE ON FINANCE – AGENDA #3
12:30 PM
ROOM 308
HEARING NOTICE

HB1183 RELATING TO THE GENERAL EXCISE TAX
Creates a nexus standard for taxing out-of-state businesses on their business activities in Hawaii. Amends the definition of engaging in business to include local affiliate agreements. Allows out-of-state businesses to file information regarding sales to residents of the State instead of collecting GET. Effective 7/1/2112. (HD1) (CHOY)

HB1043 RELATING TO THE HURRICANE RELIEF FUND
Appropriates funds from the Hawaii Hurricane Relief Fund into the State general fund to balance the State budget. ($) (SAY BR)


COMMITTEE ON FINANCE – AGENDA #4
1:30 PM
ROOM 308
HEARING NOTICE

HB1092 RELATING TO TAXATION – HD1 PROPOSED A
Makes various amendments to the tax laws: excluding pension income from income tax only for certain persons; eliminating the deduction for state income taxes paid; and eliminating the income tax exclusion for certain persons involved in copyrights. (HD1 Proposed #1)

HB1092 RELATING TO TAXATION – HD1 PROPOSED B
Makes various amendments to the tax laws: excluding pension income from income tax only for certain persons; eliminating the deduction for state income taxes paid; and eliminating the income tax exclusion for certain persons involved in copyrights. (HD1 Proposed #2)

HB1142 RELATING TO THE EMPLOYEES’RETIREMENT SYSTEM
Provides for the retirement age for state and county employees who become members of the ERS after 6/30/12. (SAY)


COMMITTEE ON JUDICIARY
2:00 PM
ROOM 325
HEARING NOTICE

HB1107 RELATING TO THE HAWAII NATIONAL GUARD
Authorizes members of the Hawaii national guard to use non-lethal weapons, including electric guns, when assisting civil authorities in disaster relief, civil defense, or law enforcement functions. (TAKAI)

HB551, HD1 RELATING TO ELECTRIC GUNS
Permits county liquor authority investigators to possess electric guns. Effective July 1, 2020. (HB551 HD1) (TOKIOKA)


COMMITTEE ON FINANCE – AGENDA #5
3:00 PM
ROOM 308
HEARING NOTICE

HB1101, HD1 RELATING TO MOTOR VEHICLE REGISTRATION
Allows for increase in the State motor vehicle registration fee and deposits the money into the State Highway Fund. Effective December 1, 2011. (HB1101 HD1) ($) (SAY BR)

HB1102, HD1 RELATING TO MOTOR VEHICLE WEIGHT TAX
Allows for increase in the State motor vehicle weight tax and appropriated the money from the State Highway Fund. Effective December 1, 2011. (HB1102 HD1) ($) (SAY BR)

HB1531, HD1 RELATING TO HIGHWAYS
Increases the state liquid fuel tax in section 243-4(a), Hawaii Revised Statutes, for a period of six years. (HB1531 HD1) ($) (SOUKI)


COMMITTEE ON FINANCE – AGENDA #7
5:00 PM
ROOM 308
HEARING NOTICE

HB976, HD1 RELATING TO TAXATION – PROPOSED HD2
Imposes the transient accommodations tax on resort fees. Provides that the transient accommodation tax shall be assessed and collected at a minimum rate of $4 per day per unit. (Proposed HD2) (YAMASHITA)

HB809, HD1 RELATING TO THE TRANSIENT ACCOMMODATIONS TAX – PROPOSED HD2
Temporarily increases from 7/1/11 to 6/30/15 the transient accommodations tax rate on time share units. (HD2 Proposed) (SAY)


COMMITTEE ON FINANCE – AGENDA #8
6:00 PM
ROOM 308
HEARING NOTICE

HB799 RELATING TO TAXATION – PROPOSED HD1
Suspends temporarily the exemptions for certain persons and certain amounts of gross income or proceeds from the general excise and use tax and requires the payment of the tax at a 4% rate. Effective 07/01/11 and sunsets on 06/30/15. (HD1 Proposed) (SAY)

HB1270 RELATING TO TAXATION
Requires the department of taxation to evaluate certain tax credits and tax exemptions and report to legislature. Provides automatic repeal of the tax credits and tax exemptions. ($) (CHONG)

HB786, HD1 RELATING TO SOLID WASTE – PROPOSED HD2
Increases the solid waste management surcharge. Effective July 1, 2011. (PROPOSED HD2) (SAY)

HB840 RELATING TO LIQUOR – PROPOSED HD1
Increases liquor tax rates. Reduces the liquor tax rate on beer for small breweries or brewpubs. Makes it lawful to provide a discount for liquor purchases through coupons or mail-in rebates when made in combination with other merchandise. (Proposed HD1)

HB798 RELATING TO TAXATION – PROPOSED HD1
Imposes the general excise tax on the gross income derived from a life settlement insurance policy. States expressly that the tax shall not be imposed on any compensation received by an insured for the transfer of the policy or designation of a beneficiary or any death benefit received by a person related to the insured. (PROPOSED HD1)