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Page 16 *q . SA, I COV fr 2. Formulation of press release for legislative informational briefing regarding GET and TAT They have received notification that next week the House and Senate will have an informational briefing re GET and TAT, on Monday, August • 14. Per the hearing notice, it will be held by the Senate Transportation and Energy; Public Safety, Intergovernmental and Military Affairs; and Ways and Means Committees. For the House, the relevant committees are the Committee on Transportation and Committee on Finance. The hearing will be held at 10 am at the State Capitol. Scott Ishikawa is here to discuss how we will proceed with this informational briefing. President Kanuha said the Legislature wouldn't have a briefing if it didn't already know what it was going to do. He said it would be great to have a position coming out of HSAC and the counties. President Kanuha said the State's draft presentation has been distributed. Council Chair White said the presentation provides five different funding options. He said on one page they say Oahu generates 76% of the TAT, which is incorrect. On another page, they suggest 85% of the TAT is generated on Oahu, and the reality is it's closer to 49% on Oahu and 51% on the neighborhood islands. On the page where they focus on Option 3, the numbers are very muddy, and if you add them up they don't reflect what the increase in the general excise surcharge would be. Council Chair White questioned the accuracy of specific numbers set forth in the presentation. (See the attached Notes on WAM . (Ways and Means) Draft Presentation on Rail Funding Options and the draft presentation relating to the Special Session 201.7.) He pointed out inaccuracies in TAT generation figures. With the growth of TAT, State's share went up by $96 million in two years, totaling $326 million. The Executive Committee reviewed the draft presentation and discussed whether to point out miscalculations and if so, whether the press was the right vehicle or whether legislators should be contacted individually. The members also discussed their availability to attend the Special Session on Monday. . Treasurer Anderson noted the Honolulu City Council has formed a permitted interaction group of four members on rail funding. The Executive Committee discussed who would testify and developing a strategy on testimony if the opportunity is available. The Committee requested a document outlining the corrections needed. Councilmember Hokama said the body should not focus only on the rail component, noting needs of the State for additional revenue to fund the annual required contribution for the Employer-Union Health Benefits