Bill Text: HI SB3007 | 2020 | Regular Session | Introduced
Bill Title: Relating To Tax Credits.
Spectrum: Partisan Bill (Democrat 7-0)
Status: (Engrossed - Dead) 2020-06-25 - Passed Second Reading and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Cabanilla Arakawa, Matayoshi excused (2). [SB3007 Detail]
Download: Hawaii-2020-SB3007-Introduced.html
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THE SENATE |
S.B. NO. |
3007 |
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THIRTIETH LEGISLATURE, 2020 |
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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. Chapter 201, Hawaii Revised Statutes, is amended by adding a new section to be appropriately designated and to read as follows:
"§201- Specific economic activity tax credits; Public
disclosure. Upon certification by the department that a taxpayer
has received any tax credit under sections 235-17 and 235‑110.91, or chapter
209E, the department shall file a public disclosure identifying the taxpayer that
received the tax credit."
SECTION 2. 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 Credits; Specified Economic Activities; Public Disclosure
Description:
Requires the Department of Business, Economic Development, and Tourism to make a public disclosure identifying the taxpayers receiving tax credits for specific economic activities.
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.
