Bill Text: HI HB2546 | 2014 | Regular Session | Introduced
Bill Title: County Surcharge on State Tax
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2014-01-27 - Referred to TRN, FIN, referral sheet 7 [HB2546 Detail]
Download: Hawaii-2014-HB2546-Introduced.html
HOUSE OF REPRESENTATIVES |
H.B. NO. |
2546 |
TWENTY-SEVENTH LEGISLATURE, 2014 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
relating to 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 and one-half 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 Statutory material to be repealed is bracketed and stricken.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.
INTRODUCED BY: |
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Report Title:
County Surcharge on State Tax
Description:
Changes the State's automatic deduction of the gross proceeds of a county's surcharge on state tax for mass transit to two and one-half per cent to reimburse the State for costs associated with handling the assessments, collection, and disposition of the county surcharge on state tax.
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.