Bill Text: HI HB2171 | 2010 | Regular Session | Amended

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Bill Title: Taxation; Conveyance Tax

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Engrossed - Dead) 2010-03-18 - (S) Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM. [HB2171 Detail]

Download: Hawaii-2010-HB2171-Amended.html

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STAND. COM. REP. NO. 2762

 

Honolulu, Hawaii

                  

 

RE:    H.B. No. 2171

       H.D. 1

       S.D. 1

 

 

 

Honorable Colleen Hanabusa

President of the Senate

Twenty-Fifth State Legislature

Regular Session of 2010

State of Hawaii

 

Madam:

 

     Your Committees on Water, Land, Agriculture, and Hawaiian Affairs and Transportation, International and Intergovernmental Affairs, to which was referred H.B. No. 2171, H.D. 1, entitled:

 

"A BILL FOR AN ACT RELATING TO CONVEYANCE TAX,"

 

beg leave to report as follows:

 

     The purpose of this measure is to require the Director of Taxation to provide the administrator of each county's real property assessment division with an image of all certificates of conveyances filed with the Bureau of Conveyances.

 

     Testimony in support of the measure was submitted by two county agencies.  Testimony in opposition was submitted by one state agency.  Written testimony presented to the Committees may be reviewed on the Legislature's website.

 

     The current method, whereby the county makes weekly pickups of the printed certificates from the Department of Taxation, is not efficient and would be greatly improved with electronic data transfers of the conveyance certificates filed with the Bureau of Conveyances.  The Department of Taxation, which has already implemented a process to scan these documents, would no longer need to provide printed copies of these certificates to the counties.  Additionally, the neighbor islands would be able to retrieve the documents directly rather than relying on the City and County of Honolulu's assessment offices.  Your Committees find that receiving these documents in digital format would enable the counties to promptly track recorded ownership, encumbrances, restrictions, uses, and sales prices of real property for the purpose of determining real property tax assessments.

 

     Your Committees have amended this measure by replacing its contents with S.B. No. 2610, the companion measure previously heard and adopted by your Committees.

 

     As affirmed by the records of votes of the members of your Committees on Water, Land, Agriculture, and Hawaiian Affairs and Transportation, International and Intergovernmental Affairs that are attached to this report, your Committees are in accord with the intent and purpose of H.B. No. 2171, H.D. 1, as amended herein, and recommend that it pass Second Reading in the form attached hereto as H.B. No. 2171, H.D. 1, S.D. 1, and be referred to the Committee on Ways and Means.

 

Respectfully submitted on behalf of the members of the Committees on Water, Land, Agriculture, and Hawaiian Affairs and Transportation, International and Intergovernmental Affairs,

 

____________________________ J. KALANI ENGLISH, Chair		____________________________ CLAYTON HEE, Chair