Bill > HB1014

This bill modifies Hawaii's county surcharge on state tax law to provide more flexibility and extended timeframes for counties with populations of 500,000 or less. Specifically, the bill extends the period for collecting county surcharges from December 31, 2030, to December 31, 2047, and expands the authorized uses of surcharge revenues to include both transportation and housing infrastructure. Counties can now use the surcharge funds for various transportation-related improvements like roadways, public transit, and pedestrian paths, as well as housing infrastructure costs such as water systems, drainage, and electrical improvements. The bill also allows counties to cost-share infrastructure expenses with private or public developers, which can help reduce the financial burden on any single entity. The legislation aims to provide counties with a more reliable revenue source for long-term capital improvement projects and address infrastructure challenges, particularly in areas with planned public infrastructure investments. By offering more flexibility in how surcharge revenues can be used, the bill seeks to support regional infrastructure development and potentially reduce pressure on real property taxes.

Agriculture and Natural Resources

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=1014&year=2025