SUBJECT: GENERAL EXCISE, USE, Impose Tax on Intangible Property
BILL NUMBER: HB 2416
INTRODUCED BY: LUKE
EXECUTIVE SUMMARY: Imposes GET and Use Tax on intangible property used in the State, while exempting revenues from using intangible property outside the State. We urge caution on this bill because of potentially far-reaching impact.
SUBJECT: USE, INCOME, Require individuals to report use tax on individual return
BILL NUMBER: SB 2086
INTRODUCED BY: K. RHOADS, Kidani
EXECUTIVE SUMMARY: Requires individuals who have not otherwise reported use tax to report it and pay it on their individual income tax return. This device is used in many other states with a use tax, with varying degrees of success. A proper cost-benefit analysis should be undertaken before adopting it here, because the administrative costs are likely to be considerable. The Committee should also consider a safe harbor provision because individuals may not be keeping the records required to establish the amount of liability.
SUBJECT: GENERAL EXCISE, USE, Exemption for Hawaii Film Studio
BILL NUMBER: HB 590, HD-1
INTRODUCED BY: House Committee on Economic Development & Business
EXECUTIVE SUMMARY: Among other things, this measure provides general excise tax and use tax exemptions for operations and improvements of the Hawaii Film Studio. If this is passed, other agencies will be wanting similar exemptions to stretch their budget dollars a little further.
SUBJECT: GENERAL EXCISE, USE, Exemption for Hawaii Film Studio
BILL NUMBER: HB 590
INTRODUCED BY: NAKASHIMA, JOHANSON, KEOHOKALOLE, C. LEE, LUKE, NISHIMOTO, OHNO, ONISHI, SAN BUENAVENTURA, WOODSON, YAMASHITA, Takumi
EXECUTIVE SUMMARY: Among other things, this measure provides general excise tax and use tax exemptions for operations and improvements of the Hawaii Film Studio. If this is passed, other agencies will be wanting similar exemptions to stretch their budget dollars a little further.
SUBJECT: GENERAL EXCISE, INCOME, USE, Exemptions/Credits for Clean Energy
BILL NUMBER: HB 629
INTRODUCED BY: YAMANE, CULLEN, ITO, KONG, C. LEE, SAIKI, SAY, SOUKI, Choy, Yamashita
EXECUTIVE SUMMARY: Exempts personal income tax income and general excise tax income in an amount up to an unspecified percentage of the costs of construction and operation of projects entered into under a public-private partnership with the ERS to improve water infrastructure or water supply, or to promote clean energy. Authorizes ERS investments in such public-private partnerships. This strategy dodges procurement laws and budgeting, increases risk to ERS assets, and may even be prohibited by ERISA.
SUBJECT: GENERAL EXCISE, USE, Reporting Requirement for Direct Sellers
BILL NUMBER: HB 398, HD-1
INTRODUCED BY: House Committee on Economic Development & Business
EXECUTIVE SUMMARY: This measure is based on a Colorado statute upheld in federal court. It is in line with other states’ measures increasing pressure on remote sellers to collect and remit sales and use taxes owed on purchases by customers in the state. It has the potential to aid significantly in the enforcement and collection of GET and use taxes imposed under current law.
SUBJECT: GENERAL EXCISE, USE, Simplified Seller Use Tax Remittance Act,
BILL NUMBER: HB 1413
INTRODUCED BY: LUKE
EXECUTIVE SUMMARY: Establishes a program, patterned after one in Alabama, giving remote sellers an incentive to register and pay over use taxes, which are due from their customers but have traditionally been difficult to collect. A “stick” such as a factor presence nexus law or regulation may be needed to raise the stakes for remote sellers who otherwise might stay in the shadows.
SUBJECT: GENERAL EXCISE, USE, Reporting Requirement for Direct Sellers
BILL NUMBER: HB 398
INTRODUCED BY: CHOY, OSHIRO
EXECUTIVE SUMMARY: This measure is based on a Colorado statute upheld in federal court. It is in line with other states’ measures increasing pressure on remote sellers to collect and remit sales and use taxes owed on purchases by customers in the state. It has the potential to aid significantly in the enforcement and collection of GET and use taxes imposed under current law.
SUBJECT: GENERAL EXCISE, USE, PUBLIC SERVICE COMPANY, INSURANCE PREMIUM, Periodic Review of Exemptions, Deductions, and Credits
BILL NUMBER: SB 2547, CD-1
INTRODUCED BY: Conference Committee
EXECUTIVE SUMMARY: This bill would require the State Auditor to periodically review the myriad exemptions, deductions, and other tax benefits now provided under chapters 237, 238, and 239, as well as some miscellaneous provisions.
SUBJECT: GENERAL EXCISE, INCOME, USE, Exemptions/Credits for Clean Energy
BILL NUMBER: HB 2028, HD-1
INTRODUCED BY: House Committees on Water & Land and Energy & Environmental Protection
EXECUTIVE SUMMARY: Exempts personal income tax income and general excise tax income in an amount up to an unspecified percentage of the costs of construction and operation of projects entered into under a public-private partnership with the ERS to improve water infrastructure or water supply, or to promote clean energy. Authorizes ERS investments in such public-private partnerships. This strategy dodges procurement laws and budgeting, increases risk to ERS assets, and may even be prohibited by ERISA.