Bill Text: HI HB719 | 2017 | Regular Session | Introduced

---

Bill Title: Relating To The County Surcharge On State Tax.

Spectrum: Partisan Bill (Democrat 13-0)

Status: (Introduced - Dead) 2017-02-07 - Re-referred to TRN, FIN, referral sheet 14 [HB719 Detail]

Download: Hawaii-2017-HB719-Introduced.html

---

HOUSE OF REPRESENTATIVES	H.B. NO.	719
TWENTY-NINTH LEGISLATURE, 2017
STATE OF HAWAII

A BILL FOR AN ACT

 

 

RELATING TO THE COUNTY SURCHARGE ON STATE TAX.

 

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

 

     SECTION 1.  Section 248-2.6, Hawaii Revised Statutes, is amended by amending subsection (a) to read as follows:

     "(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] five 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."

     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  Statutory material to be repealed is bracketed and stricken.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  This Act shall take effect on July 1, 2017, and shall be repealed on December 31, 2027.

 

INTRODUCED BY:	_____________________________

 

 

Report Title:

County Surcharge on State Tax; Reimbursement

 

Description:

Reduces the amount deducted from the county surcharge on state tax to reimburse the State for costs of assessment, collection, and disposition from 10% to 5%.  Sunsets on December 31, 2027.

 

 

 

The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.