Bill > SB1333

This bill expands and extends the county surcharge on state tax for counties with populations of 500,000 or less, providing more flexibility in how these funds can be used. Specifically, the bill extends the period for collecting the surcharge from December 31, 2030 to December 31, 2047, and allows counties to use the surcharge revenues not just for transportation infrastructure (like roadways, buses, trains, and bike paths), but also for housing infrastructure costs. The bill introduces a new provision that enables counties to cost-share infrastructure expenses with private or public developers, which could help reduce the financial burden on any single entity. The legislation aims to provide counties with a more reliable and versatile revenue source for long-term capital improvement projects, addressing infrastructure needs and potentially reducing pressure on real property taxes. By broadening the potential uses of the surcharge and extending its collection period, the bill seeks to support both transportation and housing development in smaller Hawaiian counties, with a focus on creating more efficient and sustainable infrastructure investments.

Budget and Finance, Government Affairs, Housing and Urban Affairs

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=1333&year=2026