Requires the department of taxation to authorize qualifying individual taxpayers to elect to reduce the amount of tax withheld from their wages for each withholding period, by an amount equal to the prospective amount of the earned income tax credit that the taxpayer would otherwise be entitled to claim on an annual basis. Takes effect on 1/1/2050. (HD1)
Re-Referred to WAM.
Passed First Reading.
Received from House (Hse. Com. No. 112).
Reported from FIN (Stand. Com. Rep. No. 762-20), recommending passage on Third Reading.
Passed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Cabanilla Arakawa excused (1). Transmitted to Senate.
The committees on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 15 Ayes: Representative(s) Luke, Cullen, Eli, Gates, Hashimoto, Holt, Kitagawa, B. Kobayashi, Matayoshi, Nishimoto, Todd, Wildberger, Yamashita, McDermott; Ayes with reservations: Representative(s) Nakamura; Noes: none; and Excused: none.
Bill scheduled to be heard by FIN on Thursday, 02-20-20 12:00PM in House conference room 308.
Reported from LAB (Stand. Com. Rep. No. 500-20) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Holt, Takayama excused (2).
The committees on LAB recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Johanson, Eli, Ichiyama, Kitagawa, McKelvey, Yamashita, Matsumoto; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Quinlan.
Bill scheduled to be heard by LAB on Tuesday, 02-11-20 9:10AM in House conference room 309.
Introduced and Pass First Reading.
Bill Text Versions | Format |
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HB2708_HD1 | PDF HTML |
HB2708 | PDF HTML |
Document | Format |
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Committee Report HB2708_HD1_HSCR500-20 | PDF HTML |
Committee Report HB2708_HD1_HSCR762-20 | PDF HTML |
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