Bill

Bill > SB310


HI SB310

Relating To Taxation.


summary

Introduced
01/15/2025
In Committee
01/21/2025
Crossed Over
Passed
Dead

Introduced Session

2025 Regular Session

Bill Summary

Authorizes a county with a pre-existing surcharge to continue the surcharge after December 31, 2030, at a lower rate of one-fourth per cent. Authorizes counties that have not adopted a surcharge ordinance on state tax to adopt a surcharge ordinance at the current rate of one-half of one per cent through December 31, 2030, and at a rate of one-fourth of one per cent after December 31, 2030. Expands the authorized use of surcharge revenues to more than capital costs of a locally preferred alternative for a mass transit project for counties with a population greater than five hundred thousand.

AI Summary

This bill modifies Hawaii's existing law regarding county surcharges on state tax, primarily focusing on public transportation funding. It allows counties that already have a surcharge to permanently extend it at a reduced rate of one-fourth of one percent after December 31, 2030, and permits counties that have not yet adopted a surcharge to do so at one-half of one percent until December 31, 2030, and then at one-fourth of one percent thereafter. The bill also expands the authorized use of surcharge revenues for counties with a population greater than 500,000, previously restricted to capital costs of mass transit projects, to now include operating and maintenance costs, as well as expenses related to Americans with Disabilities Act compliance. For smaller counties, the bill continues to allow broader use of surcharge revenues, including funding for public transportation systems, pedestrian and bicycle paths, and housing infrastructure. The changes aim to provide more flexibility for counties in using transportation-related tax revenues while maintaining oversight through annual reviews and financial verification processes.

Committee Categories

Government Affairs

Sponsors (6)

Last Action

Referred to EIG, WAM. (on 01/21/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...