Bill Text: HI HB121 | 2021 | Regular Session | Introduced
Bill Title: Relating To Taxation.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2021-01-27 - Referred to CPC, FIN, referral sheet 1 [HB121 Detail]
Download: Hawaii-2021-HB121-Introduced.html
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HOUSE OF REPRESENTATIVES |
H.B. NO. |
121 |
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THIRTY-FIRST LEGISLATURE, 2021 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
relating to taxation.
BE IT
ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 245-3, Hawaii Revised Statutes, is amended by amending subsection (a) to read as follows:
"(a) Every wholesaler or dealer, in addition to any other taxes provided by law, shall pay for the privilege of conducting business and other activities in the State:
(1) An excise tax equal to [5.00] 5 cents
for each cigarette sold, used, or possessed by a wholesaler or dealer after
June 30, 1998, whether or not sold at wholesale, or if not sold then at the
same rate upon the use by the wholesaler or dealer;
(2) An excise tax equal to [6.00] 6 cents
for each cigarette sold, used, or possessed by a wholesaler or dealer after
September 30, 2002, whether or not sold at wholesale, or if not sold then at
the same rate upon the use by the wholesaler or dealer;
(3) An excise tax equal to [6.50] 6.5
cents for each cigarette sold, used, or possessed by a wholesaler or dealer
after June 30, 2003, whether or not sold at wholesale, or if not sold then at
the same rate upon the use by the wholesaler or dealer;
(4) An excise tax equal to [7.00] 7 cents
for each cigarette sold, used, or possessed by a wholesaler or dealer after
June 30, 2004, whether or not sold at wholesale, or if not sold then at the
same rate upon the use by the wholesaler or dealer;
(5) An excise tax equal to [8.00] 8 cents
for each cigarette sold, used, or possessed by a wholesaler or dealer on and
after September 30, 2006, whether or not sold at wholesale, or if not sold then
at the same rate upon the use by the wholesaler or dealer;
(6) An excise tax equal to [9.00] 9 cents
for each cigarette sold, used, or possessed by a wholesaler or dealer on and
after September 30, 2007, whether or not sold at wholesale, or if not sold then
at the same rate upon the use by the wholesaler or dealer;
(7) An excise tax equal to [10.00] 10
cents for each cigarette sold, used, or possessed by a wholesaler or dealer on
and after September 30, 2008, whether or not sold at wholesale, or if not sold
then at the same rate upon the use by the wholesaler or dealer;
(8) An excise tax equal to [13.00] 13
cents for each cigarette sold, used, or possessed by a wholesaler or dealer on
and after July 1, 2009, whether or not sold at wholesale, or if not sold then
at the same rate upon the use by the wholesaler or dealer;
(9) An
excise tax equal to [11.00] 11 cents for each little cigar sold,
used, or possessed by a wholesaler or dealer on and after October 1, 2009,
whether or not sold at wholesale, or if not sold then at the same rate upon the
use by the wholesaler or dealer;
(10) An excise tax equal to [15.00] 15
cents for each cigarette or
little cigar sold, used, or possessed by a wholesaler or dealer on and
after July 1, 2010, whether or not sold at wholesale, or if not sold then at
the same rate upon the use by the wholesaler or dealer;
(11) An excise tax equal to [16.00] 16
cents for each cigarette or
little cigar sold, used, or possessed by a wholesaler or dealer on and
after July 1, 2011, whether or not sold at wholesale, or if not sold then at
the same rate upon the use by the wholesaler or dealer;
(12) An
excise tax equal to seventy per cent of the wholesale price of each
article or item of tobacco products, other than large cigars, sold by the
wholesaler or dealer on and after September 30, 2009, whether or not sold at
wholesale, or if not sold then at the same rate upon the use by the wholesaler
or dealer; [and]
(13) An
excise tax equal to fifty per cent of the wholesale price of each large cigar
of any length, sold, used, or possessed by a wholesaler or dealer on and after
September 30, 2009, whether or not sold at wholesale, or if not sold then at
the same rate upon the use by the wholesaler or dealer[.]; and
(14) An
excise tax equal to the lesser of:
(A) Fifty
cents for each large cigar of any length; or
(B) Fifty
per cent of the wholesale price of each large cigar of any length,
sold, used, or possessed by a wholesaler or dealer on and after July 1, 2021, whether or not sold at wholesale, or if not sold then at the same rate upon the use by the wholesaler or dealer.
Where the tax imposed has been paid on cigarettes, little cigars, or tobacco products that thereafter become the subject of a casualty loss deduction allowable under chapter 235, the tax paid shall be refunded or credited to the account of the wholesaler or dealer. The tax shall be applied to cigarettes through the use of stamps."
SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 3. This Act shall take effect on July 1, 2021.
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INTRODUCED BY: |
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Report Title:
Taxation; Excise Tax; Large Cigars
Description:
Amends the excise tax rate on large cigars.
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.
