Act 33 changes the dates on which the Council of Revenues (Council) must report its estimates of total state personal income to the Director of Finance, the Governor, the Chief Justice, and the Legislature.  It also changes the dates on which the Director of Finance must determine estimates of the state growth and expenditure ceiling.  Act 33 became effective on April 20, 2000.

Prior to Act 33, the dates on which the Council reported its estimates of total state personal income were July 20 and October 20.  The dates on which the Director of Finance determined estimates of the state growth and expenditure ceiling were August 1 and November 1.

Act 33 changes the reporting dates to August 5 and November 5 for the Council's estimates of total state personal income to allow the Council time to consider additional economic information.  Act 33 also changes the reporting dates for the Director of Finance's  estimates of the state growth and expenditure ceiling to August 15 and November 15.

Forms and other tax information may be downloaded from the Department's website at: www.state.hi.us/tax.  On Oahu, forms may be ordered by calling the Department's Forms Request Line at:  808-587-7572.  Persons who are not calling from Oahu, may call: 1-800-222-7572 to receive forms by mail or 808-678-0522 from a fax machine to receive forms by fax.
 

/s/
RAY K. KAMIKAWA
Director of Taxation
 

HRS Sections Explained:  HRS Sections 37-94 and 37-113.1