Bill Text: HI SB2380 | 2022 | Regular Session | Introduced
Bill Title: Relating To Tax Administration Special Fund.
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Introduced - Dead) 2022-02-02 - The committee on WAM deferred the measure. [SB2380 Detail]
Download: Hawaii-2022-SB2380-Introduced.html
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THE SENATE |
S.B. NO. |
2380 |
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THIRTY-FIRST LEGISLATURE, 2022 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
Relating to Tax Administration Special Fund.
BE IT
ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 235-20.5, Hawaii Revised Statutes, is amended to read as follows:
"§235-20.5 Tax administration special fund; established.
(a) There is
established a tax administration special fund, into which shall be deposited:
(1) Fees collected under sections 235-20 and 235-110.9;
(2) Revenues collected by the special enforcement section
pursuant to section 231-85; provided that in each fiscal year, of the total
revenues collected by the special enforcement section, all revenues in excess
of [$2,000,000] $5,000,000 shall be deposited into the general
fund; and
(3) Fines assessed pursuant to section 237D-4.
(b) The moneys in the fund shall be used for the
following purposes:
(1) Issuing comfort letters, letter rulings, written opinions,
and other guidance to taxpayers;
(2) Issuing
certificates under [[]section[]] 235-110.9;
(3) Administering
the operations of the special enforcement section;
(4) Funding
support staff positions in the special enforcement section; and
(5) Developing,
implementing, and providing taxpayer education and compliance programs[,
including tax publications]."
SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 3. This Act shall take effect upon its approval.
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INTRODUCED BY: |
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Report Title:
Tax Administration Special Fund
Description:
Increases
to $5,000,000 the maximum amount of total revenues collected by the Special
Enforcement Section of the Department of Taxation that may be deposited into the
Tax Administration Special Fund.
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.
