Bill Text: HI HB2114 | 2014 | Regular Session | Introduced
Bill Title: County Surcharge on State Tax; Reimbursement
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Introduced - Dead) 2014-01-23 - Referred to FIN, referral sheet 5 [HB2114 Detail]
Download: Hawaii-2014-HB2114-Introduced.html
HOUSE OF REPRESENTATIVES |
H.B. NO. |
2114 |
TWENTY-SEVENTH LEGISLATURE, 2014 |
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STATE OF HAWAII |
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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] two 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 Statutory material to be repealed is bracketed and stricken.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 This Act shall take effect on July 1, 2014, and shall be repealed on December 31, 2022.
INTRODUCED BY: |
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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 2%.
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.