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HomeMy WebLinkAboutCOM 0480.005 1998-2000 12-02-99 11:65 From-THE GAS 00~7PANY 9096366943 T-414 P 02/06 F-198 THE GAS COMPANY_~ t~lx lqq GGlens Energy Ser~~ces ~~`~~~p ~'WrTN~- TESTIMONY BEFORE THE HAWAII COUNTY COUNCIL ON BILL 143 (Draft 2), RELATING TO REAL PROPERTY TAXES BY STEVEN P. GOLDEN THE GAS COMPANY, CITIZENS ENERGY SERVICES WEDNESDAY, DECEMBER 1, 1999 Chairman Arakaki and'vlembers of the Hawaii County Council: I am Steven Golden, Manager of Government Affairs & Planning for The Gas Company, testifying on Bill 143 (Draft 2), relating to real property taxes. Bill 143 would eliminate The Gas Company's current real property tax exemption granted under Chapter 239, HRS for public service companies, which pay the public service company tax to the State in lieu of real property taxes. For your information, The Gas Company's utility division pays 8.885 % of its revenues in taxes either to the State or County (Attachment II). This is over twice the amount collected from other private companies. The State collects: • A Public Service Company Tax which is equal to 5.885% of gross revenues. This tax was specially enacted in Iteu of all taxes other than income taxes including real property taxes • A Public [;tility Fee which of O.S% of gross revenues 'y$O. ooS TH=GA$GOMPANY ~ ~ 9a~. B~snop $~rcac $~.if :)CO Honmviu Hawa~ 9cCi3 NC~• lQ PT PO Box ]000 nonoiwu na.+e~, 6fi602 ]000 the No. Te~aOnone 8085355900 Feueni5 80853559w Ref. To: Cev~+ua_ Ref. Date UEC 11999 _ 12-02-99 11:55 From-THE GAS COHiPAAY 8095355943 T-414 P 03/05 F-198 The County of Hawaii collects: • A Franchise Fee which is equal to 2.5% of gas sales revenues (Attachment II) The Gas Company is concerned that if we are required to continue to pay our existing level of revenue taxes as well pay real property taxes, this would be tantamount to double taxation. Legitimately assessed taxes are properly allowable as a pass through to utility consumers, who would end up paying higher utility bills. As an alternative to Bill 143 (Draft 2), we support an amended version of the State legislation (Senate Bill No. 1364) contained in the 2000 Hawaii State Association of Counties (HSAC) Legislative Package. This state legislation would apportion to the counties the part of the public service company tax in excess of 4 percent. The Gas Company supports the HSAC proposal provided it is amended to ensure real property taxes are not imposed by the County. Under the HSAC approach, The Count) of Hawaii would receive $45,000 more from The Gas Company than it would if a real property tax is imposed and it would avoid the administrative costs of assessing utility real property. Tn summary, we recommend that Bill 143 (Draft 2) be filed and that the HSAC proposal with the amendment suggested above be supported. Thank you for the opportunity to testify on Bill 143 (Draft 2). Attachments (Z) 12-02-88 11:55 From-THE GAS COMPAPlY 8085355043 T-414 P 04/05 F-133 rn m ~ C O O O 6~7 ~ O r` O _n cD M > O. 61 B ` cA u7 N v ~D ~ r ~ ~ ~ T ~ ~ w N ~ ~ ~ ~ ~ ~ ~ ~ Q ~ S O d O Cn O O N ~ ti v « ~ ~ n ~ ~ ~ 'O ~ N N C9 d d tH ~ to C ~ r N ~ t y - ~ m a ~ c N 07 7ti ~ ~ ~ a ~ w ~ m~ _ ~ E rn ~ ~ ~ ~ `3 rn o _ ~ r c o~ ~ Y m a~ x ~ d y. ~ `o c y ~,ECC w o' ~ - ~ m oat ~ ~ N 4~ C ~ O~ O ~ E m (9 m o = y x ~ U 0 d c~~ O a R V T C ~ ~ T ~ ~ ~ A ~ ~ ~ ~ x ~ ~ w - ~ t1 ~ .a ~ o u,~~cO u o`ti ~ ~ p a d A ~ o ~ ~ a ai ~ ~ 3 a~ ~ ~ w ~ d m ~ is y, a o aa~ a~u~cr u.aCr 0 U_ 12-02-96 11:66 From-THE GAS COHIPAPIY 6089355843 T-414 P OS/09 F-168 :ccacnnenc II THE C.,iS Ct7MPANY _,:~zens cn~ro~ ~e.~~~crr January 18. 1999 Couary of Hawaii pirector of Finance Hilo, HI 96720 Dear ~~r: Enclosed is our check to the amount of 582.476.96, being the Franchise Tax due on 1998 utility gas sales. computed as follows: 53,299.078.31 a' 3 !4%=582,476.96 ~~~truL~yo rs. / /with K. Y~,s/~ vjce President d: General ~Ianaeer Enciosure - -,n,^N• ^ min[ o.G