CONFERENCE COMMITTEE REP. NO. 57-12
Honolulu, Hawaii
, 2012
RE: H.B. No. 2740
H.D. 1
S.D. 1
C.D. 1
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-Sixth State Legislature
Regular Session of 2012
State of Hawaii
Honorable Shan S. Tsutsui
President of the Senate
Twenty-Sixth State Legislature
Regular Session of 2012
State of Hawaii
Sirs:
Your Committee on Conference on the disagreeing vote of the House of Representatives to the amendments proposed by the Senate in H.B. No. 2740, H.D. 1, S.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO TAXATION,"
having met, and after full and free discussion, has agreed to recommend and does recommend to the respective Houses the final passage of this bill in an amended form.
The purpose of this measure is to maintain the reduced cost of electricity generation fueled by naphtha by extending the sunset date of the reduced fuel license tax on naphtha used in a power-generating facility to December 31, 2017.
Your Committee on Conference has amended this measure by:
(1) Changing the repeal date of the reduced fuel license tax on naphtha used in a power-generating facility to December 31, 2015; and
(2) Changing the effective date to upon its approval.
As affirmed by the record of votes of the managers of your Committee on Conference that is attached to this report, your Committee on Conference is in accord with the intent and purpose of H.B. No. 2740, H.D. 1, S.D. 1, as amended herein, and recommends that it pass Final Reading in the form attached hereto as H.B. No. 2740, H.D. 1, S.D. 1, C.D. 1.
Respectfully submitted on behalf of the managers:
ON THE PART OF THE SENATE |
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ON THE PART OF THE HOUSE |
____________________________ MIKE GABBARD, Chair |
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____________________________ DENNY COFFMAN, Co-Chair |
____________________________ RONALD D. KOUCHI, Co-Chair |
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____________________________ DEREK S.K. KAWAKAMI, Co-Chair |
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