Bill Text: HI HB351 | 2018 | Regular Session | Introduced
Bill Title: Relating To County Surcharge Tax.
Spectrum: Partisan Bill (Republican 5-0)
Status: (Introduced - Dead) 2017-11-30 - Carried over to 2018 Regular Session. [HB351 Detail]
Download: Hawaii-2018-HB351-Introduced.html
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HOUSE OF REPRESENTATIVES |
H.B. NO. |
351 |
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TWENTY-NINTH LEGISLATURE, 2017 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO COUNTY SURCHARGE TAX.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. The purpose of this measure is to reduce the state collection on the county surcharge to the general excise tax from ten per cent to two per cent. Currently, the state assessment on county surcharge exceeds the entire Department of Taxation budget.
SECTION 2. Section 248-2.6, Hawaii Revised Statutes, is amended to read as follows:
"[[]§248-2.6[]] County
surcharge on state tax; disposition of proceeds. [Section repealed
December 31, 2027. L 2015, c 240, §7.] (a) If adopted by county
ordinance, all county surcharges on state tax collected by the director of
taxation shall be paid into the state treasury quarterly, within ten working
days after collection, and shall be placed by the director of finance in
special accounts. Out of the revenues generated by county surcharges on state
tax paid into each respective state treasury special account, the director of
finance shall deduct [ten] two per cent of the gross proceeds of
a respective county's surcharge on state tax to reimburse the State for the
costs of assessment, collection, and disposition of the county surcharge on
state tax incurred by the State. Amounts retained shall be general fund
realizations of the State.
(b) The amounts deducted for costs of assessment, collection, and disposition of county surcharges on state tax shall be withheld from payment to the counties by the State out of the county surcharges on state tax collected for the current calendar year.
(c) For the purpose of this section, the costs of assessment, collection, and disposition of the county surcharges on state tax shall include any and all costs, direct or indirect, that are deemed necessary and proper to effectively administer this section and sections 237-8.6 and 238-2.6.
(d) After the deduction and withholding of the
costs under subsections (a) and (b), the director of finance shall pay the
remaining balance on [[]a[]] quarterly basis to the director of
finance of each county that has adopted a county surcharge on state tax under
section 46-16.8. The quarterly payments shall be made after the county
surcharges on state tax have been paid into the state treasury special accounts
or after the disposition of any tax appeal, as the case may be. All county
surcharges on state tax collected shall be distributed by the director of
finance to the county in which the county surcharge on state tax is generated
and shall be a general fund realization of the county, to be used for the
purposes specified in section 46-16.8 by each of the counties."
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.
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INTRODUCED BY: |
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Report Title:
Recalibration of State Tax on County Surcharge
Description:
Changes the state tax retainer of ten per cent on the county surcharge to two per cent in order to align with actual costs to the State for assessment.
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
