Bill Text: HI SB458 | 2019 | Regular Session | Amended
Bill Title: Relating To Taxation.
Spectrum: Partisan Bill (Democrat 6-0)
Status: (Introduced - Dead) 2019-02-28 - The committee(s) on WAM deleted the measure from the public hearing scheduled on 03-01-19 10:15AM in conference room 211. [SB458 Detail]
Download: Hawaii-2019-SB458-Amended.html
THE SENATE |
S.B. NO. |
458 |
THIRTIETH LEGISLATURE, 2019 |
S.D. 1 |
|
STATE OF HAWAII |
Proposed |
|
|
|
|
|
||
|
A BILL FOR AN ACT
RELATING TO TAXATION.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 23-14, Hawaii Revised Statutes, is repealed.
["[§23-14] Rapid transportation
authority; annual review. (a) Beginning on September 5, 2017, and
ending on December 31, 2031, the auditor, on an annual basis, shall conduct a
review of any rapid transportation authority in the State charged with the
responsibility of constructing, operating, or maintaining a locally preferred
alternative for a mass transit project that receives moneys from a surcharge on
state tax established pursuant to section 46-16.8, transient accommodations tax
revenues pursuant to section 237D-2(e), or both. The annual review shall
include a review of documents, including but not limited to invoices,
contracts, progress reports, and time schedules, to determine that:
(1) Expenditures by the authority comply
with the criteria established pursuant to section 46-16.8(e); and
(2) The authority follows accounting best
practices for substantiating its expenditures.
(b) A rapid transportation authority
subject to this section and any private company or agency contracted to provide
services for the locally preferred alternative for a mass transit project shall
cooperate with and assist the auditor as needed in conducting the annual
review, including promptly providing all records and other information
requested by the auditor in the course of the annual review.
(c) The auditor shall submit the findings
and recommendations of the auditor's review to the legislature and the rapid
transportation authority no later than twenty days prior to the convening of
the immediately following regular session."]
SECTION 2. Statutory material to be repealed is bracketed and stricken.
SECTION 3. This Act shall take effect upon its approval.
Report Title:
Auditor; Rapid Transportation Authority; Annual Review; Repeal
Description:
Repeals the requirement that the auditor conduct an annual review of certain rapid transportation authorities in the State. (Proposed SD1)
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.