Bill Text: HI SB2781 | 2018 | Regular Session | Amended
Bill Title: Relating To The Income Check-off.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2018-02-13 - Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM. [SB2781 Detail]
Download: Hawaii-2018-SB2781-Amended.html
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THE SENATE |
S.B. NO. |
2781 |
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TWENTY-NINTH LEGISLATURE, 2018 |
S.D. 1 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO THE INCOME CHECK-OFF.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION
1. The legislature finds that library
patrons' demand for library books and materials, including electronic resources
of the Hawaii state public library system, are increasing every year. Since the initial adoption of the library
special fund check-off in 2003, the collection of the Hawaii state public
library system has transitioned from a paper-based collection to one that
includes library materials in a variety of different and new formats to keep up
with new technology and in response to the requests of library patrons
statewide.
The
purpose of this Act is to provide an opportunity for the public to increase
their support to the Hawaii state public library system by making a
contribution toward the libraries special fund that is used for the purchase of
additional library materials for the Hawaii state public library system
collection.
SECTION
2. Section 235-102.5, Hawaii Revised
Statutes, is amended by amending subsection (c) to read as follows:
"(c) Notwithstanding any law to the contrary, any
individual whose state income tax refund for any taxable year is [$2] $4
or more may designate [$2] $4 of the refund to be paid over to
the libraries special fund established by section 312-3.6, when submitting a
state income tax return to the department.
In the case of a joint return of a [husband and wife] married
couple having a state income tax refund of [$4] $8 or more,
each spouse may designate that [$2] $4 be deposited into the
special fund. The director of taxation
shall revise the individual state income tax form to allow the designation of
contributions to the fund on the face of the tax return and immediately above
the signature lines. If no designation
was made on the original tax return when filed, a designation may be made by
the individual on an amended return filed within twenty months and ten days
after the due date for the original return for such taxable year. A designation once made, whether by an
original or amended return, may not be revoked."
SECTION 3. Statutory
material to be repealed is bracketed and
stricken. New statutory material is
underscored.
SECTION
4. This Act, upon its approval, shall
take effect for taxable years beginning after December 31, 2017.
Report Title:
Income Tax; Check-off
Description:
Increases from $2 to $4 the amount of authorized income tax check-off that may be designated payable from an individual's state income tax refund to the libraries special fund. Permits designation of check-off in the amount of $4 or $8 to the library special fund. Effective for taxable years after December 31, 2017. (SD1)
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.
