SUBJECT: GENERAL EXCISE, USE, MISCELLANEOUS, GET Exemption and School Impact Fee Exemption for DHHL Housing
BILL NUMBER: HB 567 HD 1
INTRODUCED BY: House Committee on Housing
EXECUTIVE SUMMARY: Exempts housing development for the Department of Hawaiian Home Lands from general excise tax and school impact fee requirements. Extends the issuance of county affordable housing credits to the Department of Hawaiian Home Lands. Continue reading HB 567 HD 1
SUBJECT: GENERAL EXCISE, USE, Allow county revenues to be used for housing infrastructure
BILL NUMBER: HB 1363, SB 1568
INTRODUCED BY: HB by YAMASHITA; SB by KEITH-AGARAN
EXECUTIVE SUMMARY: Extends the period in which a county may adopt a surcharge on state tax, under certain conditions, from 3/31/2019 to 12/31/2023. Authorizes the use of county surcharge revenues for housing infrastructure. Temporarily authorizes counties that have previously adopted a surcharge on state tax to amend the rates and uses of the surcharge. Continue reading HB 1363
SUBJECT: GENERAL EXCISE, USE, Allow county revenues to be used for affordable and workforce housing infrastructure, including roadways, water, and sewer.
BILL NUMBER: SB 1099, HB 1479
INTRODUCED BY: SB by KEITH-AGARAN, KANUHA, MCKELVEY; HB by SAIKI
EXECUTIVE SUMMARY: Extends the period in which a county may adopt a surcharge on state tax, under certain conditions. Authorizes the use of the surcharge revenues for affordable and workforce housing infrastructure. Allows the counties to use surcharge revenues for housing infrastructure, including roadways, water, and sewer.
SUBJECT: GENERAL EXCISE, USE, FUEL, LIQUOR, TOBACCO, Exemption for Activity in Foreign-Trade Zones
BILL NUMBER: HB 1926, SB 3193
INTRODUCED BY: HB by SAIKI, SB by DELA CRUZ, INOUYE, KEITH-AGARAN, KIDANI, Baker, Nishihara
EXECUTIVE SUMMARY: Retroactively restores the foreign-trade zones exemption from taxation under the general excise tax law, use tax law, fuel tax law, liquor tax law, and cigarette tax and tobacco tax law. This issue seems to have stemmed from the Department’s misunderstanding of what laws can or can’t apply in a foreign trade zone. The Department seems to have now figured it out and it wants taxpayers to pay for its mistakes…retroactively. We think it’s appropriate for the Legislature to step in and come up with a just resolution.
SUBJECT: ADMINISTRATION, INCOME, GENERAL EXCISE, USE, LIQUOR, TOBACCO, FUEL, RENTAL MOTOR VEHICLE, Technical Cleanup
BILL NUMBER: SB 1203, HD1
INTRODUCED BY: House Committee on Economic Development
EXECUTIVE SUMMARY: Amends title 14, Hawaii Revised Statutes, to make nonsubstantive changes for clarity and to delete obsolete provisions.
SUBJECT: ESTATE, GENERAL EXCISE, USE, CONVEYANCE, Omnibus Tax Increase and Suspension of Exemptions
BILL NUMBER: HB 58, Proposed SD1
INTRODUCED BY: Senate Committee on Ways and Means
EXECUTIVE SUMMARY: Temporarily reallocates conveyance tax revenues for purposes of paying the principal and interest of general obligation bonds. Authorizes the issuance of general obligation bonds to be appropriated into and out of the land conservation fund and rental housing revolving fund. Amends the exclusion amount of Hawaii’s estate tax. From 7/1/2021 through 6/30/2023, temporarily repeals certain general excise tax exemptions. Increases conveyance taxes for the sale of properties valued at $4,000,000 or greater.
SUBJECT: TOBACCO, GENERAL EXCISE, USE, Include electronic smoking devices
BILL NUMBER: HB 476, HD3
INTRODUCED BY: House Committee on Finance
EXECUTIVE SUMMARY: Imposes an excise tax of fifty percent of the otherwise applicable tax under section 245-3, HRS, on every wholesaler for each modified risk tobacco product sold, used, or possessed by a wholesaler. Defines modified risk tobacco product. Establishes taxation of e-liquids used in electronic smoking devices. Requires wholesalers and dealers to be licensed. Requires retailers of tobacco and e-liquids to obtain permits. Effective 7/1/2060.
SUBJECT: ADMINISTRATION, INCOME, GENERAL EXCISE, USE, LIQUOR, TOBACCO, FUEL, RENTAL MOTOR VEHICLE, Technical Cleanup
BILL NUMBER: SB 1203, SD1
INTRODUCED BY: Senate Committee on Ways and Means
EXECUTIVE SUMMARY: Amends title 14, Hawaii Revised Statutes, to make nonsubstantive changes for clarity and to delete obsolete provisions.
SUBJECT: GENERAL EXCISE, USE, Extends Period for Counties to Opt-In on Surcharge
BILL NUMBER: SB 645, SD1
INTRODUCED BY: Senate Committee on Public Safety, Intergovernmental, and Military Affairs
EXECUTIVE SUMMARY: Extends the period in which a county may adopt a surcharge on state tax, under certain conditions, from 3/31/2019 to 7/1/2023. Authorizes the use of county surcharge revenues for affordable and workforce housing infrastructure.
SUBJECT: INCOME, GENERAL EXCISE, USE, CONVEYANCE, Omnibus Tax Increase and Suspension of Exemptions
BILL NUMBER: SB 56
INTRODUCED BY: CHANG
EXECUTIVE SUMMARY: Increases the personal income tax rate and implements a rate recapture mechanism that phases out lower tax brackets for high earners for taxable years beginning after 12/31/2020. Increases the tax on capital gains. Increases the corporate income tax and establishes a single corporate income tax rate. From 7/1/2021 through 6/30/23, temporarily repeals certain general excise tax exemptions. Increases conveyance taxes for the sale of properties valued at $1,000,000 or greater.