Bill Text: HI SB256 | 2018 | Regular Session | Introduced
Bill Title: Relating To Tax Credits.
Spectrum: Partisan Bill (Democrat 10-0)
Status: (Introduced - Dead) 2017-11-30 - Carried over to 2018 Regular Session. [SB256 Detail]
Download: Hawaii-2018-SB256-Introduced.html
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THE SENATE |
S.B. NO. |
256 |
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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 TAX CREDITS.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Act 223, Session Laws of Hawaii 2015, is amended by amending section 4 to read as follows:
"SECTION 4. This Act, upon its approval,
shall apply to taxable years beginning after December 31, 2015; provided that
this Act shall be repealed on December 31, [2017,] 2019, and
section 235-55.85, Hawaii Revised Statutes, shall be reenacted in the form in
which it read on the day prior to the effective date of this Act."
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 Statutory material to be repealed is bracketed and stricken.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:
Refundable Food/Excise Tax Credit
Description:
Amends Act 223, SLH 2015 to extend the sunset of the refundable food/excise tax credit for two years to 12/31/19.
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
