Bill Text: HI HB485 | 2021 | Regular Session | Amended
Bill Title: Relating To Taxation.
Spectrum: Partisan Bill (Democrat 10-0)
Status: (Passed) 2021-07-08 - Became law without the Governor's signature, Act 237, 07/06/2021, (Gov. Msg. No. 1365). [HB485 Detail]
Download: Hawaii-2021-HB485-Amended.html
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HOUSE OF REPRESENTATIVES |
H.B. NO. |
485 |
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THIRTY-FIRST LEGISLATURE, 2021 |
H.D. 1 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO TAXATION.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 251-2, Hawaii Revised Statutes, is amended by amending subsection (a) to read as follows:
"(a) There is levied and shall be assessed and
collected each month a rental motor vehicle surcharge tax of [$5] $
a day, or any portion of a day that a rental motor vehicle is rented or leased. The rental motor vehicle surcharge tax shall
be levied upon the lessor; provided that the tax shall not be levied on the
lessor if:
(1) The lessor is renting the vehicle to replace a vehicle of the lessee that is being repaired; and
(2) A record of the repair order for the vehicle is retained either by the lessor for two years for verification purposes or by a motor vehicle repair dealer for two years as provided in section 437B-16.
In addition to the requirements imposed by section 251-4, a lessor shall disclose, to the department, the portion of the remittance attributed to the county in which the motor vehicle was operated under rental or lease."
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 Statutory material to be repealed is bracketed and stricken.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, 2050.
Report Title:
Rental Motor Vehicle Surcharge Tax; Increase
Description:
Increases
the amount of the rental motor vehicle surcharge tax from $5 to an unspecified amount.
Effective 7/1/2050. (HD1)
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.
