SUBJECT: ADMINISTRATION, FUEL, Increase Barrel Tax to Fund Fare-Free Public Transportation
BILL NUMBER: HB 2451 HD1
INTRODUCED BY: TRN
EXECUTIVE SUMMARY: Beginning 1/1/2027, requires each county to implement fare-free access to its public transportation systems. Establishes the Fare-Free Public Transportation Tax and Dividend Special Fund. Increases the Environmental Response, Energy, and Food Security Tax on petroleum products to fund fare-free public transportation.
SUBJECT: ADMINISTRATION, INCOME, Adopt Worldwide Combined Reporting, Create Corporate Law Task Force
BILL NUMBER: SB 2738; HB 2149
INTRODUCED BY: SB by RHOADS; HB by PERRUSO, AMATO, BELATTI, GRANDINETTI, IWAMOTO, POEPOE
EXECUTIVE SUMMARY: Part I: Effective 1/1/2027, requires corporations to include in their income the income of all foreign subsidiaries to the State; applies the State’s apportionment formula to determine the share of reported profits subject to the appropriate tax, which shall be deposited into the state general fund; and requires corporations to report all profits, losses, revenues, and inter-company transactions made and all taxes paid in other states. Part II: Establishes within DOTAX a Corporate Tax Law Task Force to annually review the State’s corporate tax laws and recommend updates to close tax loopholes.
SUBJECT: INCOME, FUEL, Adoption of Carbon Tax, Income Tax Credit for Low Income Ratepayers
BILL NUMBER: SB 2332
INTRODUCED BY: GABBARD, KEOHOKALOLE, RICHARDS
EXECUTIVE SUMMARY: Reestablishes the Agricultural Development and Food Security Special Fund. Establishes the Carbon Emissions Tax and Dividend Special Fund. Gradually increases the Environmental Response, Energy, Carbon Emissions, and Food Security tax rates and establishes a refundable carbon cashback tax credit to offset increases for most taxpayers. Requires reports to the Legislature. Appropriates funds.
SUBJECT: ADMINISTRATION, NET INCOME, GENERAL EXCISE, USE, TRANSIENT ACCOMMODATIONS, CONVEYANCE, RENTAL MOTOR VEHICLE, FUEL, Discharge Tax Liens When Unenforceable
BILL NUMBER: HB 1173 CD 1
INTRODUCED BY: Conference Committee
EXECUTIVE SUMMARY: Requires the Department of Taxation to: (1) State the assessment date on certificates of tax lien; and (2) Issue certificates of discharge when the tax liability on which a lien is based has become unenforceable by lapse of time. Continue reading HB 1173 CD 1
SUBJECT: MISCELLANEOUS; Tax Administration; Civil Service; Exemptions
BILL NUMBER: HB 1152 HD 1 SD 1
INTRODUCED BY: Senate Committee on Labor and Technology
EXECUTIVE SUMMARY: Permanently exempts the software developer supervisor in the Department of Taxation and the data privacy officer and tax business analysts in the Director’s office of the Department from civil service. Continue reading HB 1152 HD 1 SD 1
SUBJECT: ADMINISTRATION, NET INCOME, GENERAL EXCISE, USE, TRANSIENT ACCOMMODATIONS, CONVEYANCE, RENTAL MOTOR VEHICLE, INSURANCE PREMIUM, MISCELLANEOUS, Discharge Tax Liens When Unenforceable
BILL NUMBER: HB 1173 HD 1
INTRODUCED BY: House Committee on Finance
EXECUTIVE SUMMARY: Requires the Department of Taxation to: (1) State the assessment date on certificates of tax lien; and (2) Issue certificates of discharge when the tax liability on which a lien is based has become unenforceable by lapse of time. Continue reading HB 1173 HD 1
SUBJECT: ADMINISTRATION, NET INCOME, GENERAL EXCISE, USE, TRANSIENT ACCOMMODATIONS, CONVEYANCE, RENTAL MOTOR VEHICLE, INSURANCE PREMIUM, MISCELLANEOUS, Discharge Tax Liens When Unenforceable
BILL NUMBER: HB 1173
INTRODUCED BY: YAMASHITA
EXECUTIVE SUMMARY: Requires the Department of Taxation to: (1) State the assessment date on certificates of tax lien; and (2) Issue certificates of discharge when the tax liability on which a lien is based has become unenforceable by lapse of time. Continue reading HB 1173
SUBJECT: ADMINISTRATION; Interest Rate on Tax Refunds
BILL NUMBER: SB 430
INTRODUCED BY: RHOADS
EXECUTIVE SUMMARY: Requires the Department of Taxation to provide refunds to taxpayers at the same interest rate as the federal government. Continue reading SB 430
SUBJECT: ADMINISTRATION, GENERAL EXCISE, TRANSIENT ACCOMMODATIONS, Fees; Tax Clearances; Collection of Rental Payments by Third Party; Unfair Competition Penalty
BILL NUMBER: HB 2485 HD 1 SD 2
INTRODUCED BY: Senate Committee on Ways and Means
EXECUTIVE SUMMARY: Eliminates fees for tax clearances that are no longer certified. Adds a penalty for failure to comply with reporting requirements under general excise tax law and transient accommodations tax law for collection of rent by a third party. Raises the unfair competition penalty under general excise tax law to adjust for inflation. Continue reading HB 2485 HD 1 SD 2
SUBJECT: ADMINISTRATION, GENERAL EXCISE, TRANSIENT ACCOMMODATIONS, Fees; Tax Clearances; Collection of Rental Payments by Third Party; Unfair Competition Penalty
BILL NUMBER: HB 2485 HD 1 SD 1
INTRODUCED BY: Senate Committee on Judiciary
EXECUTIVE SUMMARY: Eliminates fees for tax clearances that are no longer certified. Adds a penalty for failure to comply with reporting requirements under general excise tax law and transient accommodations tax law for collection of rent by a third party. Raises the unfair competition penalty under general excise tax law to adjust for inflation. Continue reading HB 2485 HD 1 SD 1