Bill Text: HI HB808 | 2015 | Regular Session | Introduced
Bill Title: Taxation; Distribution of Partial Payment
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2015-01-28 - Referred to FIN, referral sheet 3 [HB808 Detail]
Download: Hawaii-2015-HB808-Introduced.html
HOUSE OF REPRESENTATIVES |
H.B. NO. |
808 |
TWENTY-EIGHTH LEGISLATURE, 2015 |
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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 231-27, Hawaii Revised Statutes, is amended to read as follows:
"§231-27 Partial payment of taxes.
Whenever a taxpayer makes a partial payment of a particular assessment of
taxes, the amount received by the department of taxation shall first be
credited to [interest,] principal, then to [penalties,] interest,
and then to [principal.] penalties."
SECTION 2. This Act does not affect rights and duties that matured, penalties that were incurred, and proceedings that were begun before its effective date.
SECTION 3. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 4. This Act shall take effect upon its approval.
INTRODUCED BY: |
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Report Title:
Taxation; Distribution of Partial Payment
Description:
Requires that partial payment of taxes be credited first to principal, then to interest, and then to penalties.
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.