Bill Text: HI HB2393 | 2016 | Regular Session | Introduced
Bill Title: Tax Review Commission ($)
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2016-01-29 - Referred to FIN, referral sheet 4 [HB2393 Detail]
Download: Hawaii-2016-HB2393-Introduced.html
HOUSE OF REPRESENTATIVES |
H.B. NO. |
2393 |
TWENTY-EIGHTH LEGISLATURE, 2016 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO THE TAX REVIEW COMMISSION.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 232E-3, Hawaii Revised Statutes, is amended to read as follows:
"§232E-3 Duties. The commission shall conduct a systematic review of the State's tax structure, using such standards as equity and efficiency. Thirty days prior to the convening of the second regular session of the legislature after the members of the commission have been appointed, the commission shall submit to the legislature an evaluation of the State's tax structure and recommend revenue and tax policy, except that:
(1) For the commission appointed on or before July 1,
1980, or the replacement commission intended to function prior to the
appointment of a new commission on or before July 1, 1985, the commission shall
submit the required evaluation and recommendations to the legislature thirty
days prior to the convening of the regular session of 1985; [and]
(2) For the commission
appointed on or before July 1, 2010, or the successor commission intended to
function prior to the appointment of a new commission on or before July 1,
2015, the commission shall submit the required evaluation and recommendations
to the legislature thirty days prior to the convening of the regular session of
2013[.]; and
(3) For the commission appointed on or before July 1, 2015, or the successor commission intended to function prior to the appointment of a new commission on or before July 1, 2020, the commission shall submit the required evaluation and recommendations to the legislature thirty days prior to the convening of the regular session of 2018."
SECTION 2. There is appropriated out of the general revenues of the State of Hawaii the sum of $250,000, or so much thereof as may be necessary, for fiscal year 2016-2017 to be used by the tax review commission to conduct an evaluation of the State's tax structure and recommend revenue and tax policy; provided that this appropriation shall not lapse at the end of fiscal year 2016-2017; provided further that all moneys that are unencumbered as of June 30, 2018, shall lapse as of that date.
The sum appropriated shall be expended by the department of taxation for the purposes of this Act.
SECTION 3. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 4. This Act shall take effect upon its approval.
INTRODUCED BY: |
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BY REQUEST |
Report Title:
Tax Review Commission
Description:
Provides a measure for extending the reporting date of the 2015-2017 tax review commission and appropriates $250,000 for fiscal year 2016-2017 for the commission.
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.