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HI HB1988
Bill
Status
1/18/2012
Primary Sponsor
Calvin Say
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AI Summary
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Requires the Department of Taxation to coordinate an outreach initiative to increase awareness and use of the federal earned income tax credit for low- and moderate-income working people in Hawaii.
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Appropriates funds to support the outreach initiative, with recommendation to partner with the Volunteer Income Tax Assistance (VITA) Program affiliated with the Internal Revenue Service.
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Addresses estimated $31.3 million to $41.7 million in unclaimed federal earned income tax credits annually by Hawaii workers.
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Committee amended the bill to set effective date to July 1, 2050, to encourage further discussion of the measure.
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Recommended for passage and referral to the Committee on Finance.
Legislative Description
Office of Hawaiian Affairs Package; Earned Income Tax Credit Outreach Program; Appropriation
Last Action
(H) 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 M. Lee, Souki excused (2).
2/16/2012