Effect and application of paragraphs (5) and (6). L 1993, c 129, §4; L 1994, c 230, §4; L 1995, c 11, §24.

L 1998, c 245, §3 provides:

"SECTION 3. Any refunds that may be due shall be paid according to section 231-23, Hawaii Revised Statutes, and the three-year limitation period set out in section 237-40, Hawaii Revised Statutes, shall not apply for the purposes of general excise tax payments on amounts received as grants under section 206M-15, Hawaii Revised Statutes. All claims for tax refunds under this Act, including any amended claims, must be filed on or before December 31, 1999. Failure to comply with the foregoing section shall constitute a waiver of the right to claim the refund."

The 1999 amendment applies to gross income or gross proceeds received after June 30, 1999. L 1999, c 165, §5.

Qualified improvement tax credit, see chapter 235D.