HB2331

Report Title:

General Excise Tax; County Surcharge on State Tax

Description:

Repeals the county surcharge on state tax if the University of Hawaii at Manoa and the Honolulu International Airport are not linked under the Honolulu High Capacity Transit Corridor Project.

HOUSE OF REPRESENTATIVES	H.B. NO.	2331
TWENTY-FOURTH LEGISLATURE, 2008
STATE OF HAWAII

A BILL FOR AN ACT

SECTION 1. Act 247, Session Laws of Hawaii 2005, is amended by amending section 9 to read as follows:

"SECTION 9. This Act shall take effect upon its approval; provided that:

(1) If none of the counties of the State adopt an ordinance to levy a county surcharge on state tax by December 31, 2005, this Act shall be repealed and section 437D‑8.4, Hawaii Revised Statutes, shall be reenacted in the form in which it read on the day prior to the effective date of this Act;

(2) If any county does not adopt an ordinance to levy a county surcharge on state tax by December 31, 2005, it shall be prohibited from adopting such an ordinance pursuant to this Act, unless otherwise authorized by the legislature through a separate legislative act;

(3) If an ordinance to levy a county surcharge on state tax is adopted by December 31, 2005:

(A) The ordinance shall be repealed on December 31, 2022;

(B) This Act shall be repealed on December 31, 2022; and

(C) Section 437D‑8.4, Hawaii Revised Statutes, shall be reenacted in the form in which it read on the day prior to the effective date of this Act[.];

provided that the ordinance under subparagraph (A) and this Act shall be repealed on December 31, 2008, if by that date, the Honolulu high capacity transit corridor project does not include plans to link the project's fixed-guideway transit system between the University of Hawaii at Manoa and the Honolulu international airport."

SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.

SECTION 3. This Act shall take effect upon its approval.

INTRODUCED BY:	_____________________________