HOUSE OF REPRESENTATIVES	H.B. NO.	1156
TWENTY-SEVENTH LEGISLATURE, 2013
STATE OF HAWAII

A BILL FOR AN ACT

Relating to Tax.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

     SECTION 1.  Act 60, Session Laws of Hawaii 2009, as amended by Act 91, Session Laws of Hawaii 2011, is amended by amending section 6 to read as follows:

     "SECTION 6.  This Act shall take effect upon approval, provided that:

     (1)  Section 2 shall apply to taxable years beginning after December 31, 2008;

     (2)  Sections 1 and 3 shall apply to taxable years beginning after December 31, 2012[; and

(3) On December 31, 2015, section 2 shall be repealed and section 235-51(a), (b), and (c), Hawaii Revised Statutes, shall be reenacted in the form in which it read on the day before the effective date of this Act]."

     SECTION 2.  Statutory material to be repealed is bracketed and stricken.
     SECTION 3.  This Act shall take effect on July 1, 2013.

INTRODUCED BY:

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Report Title:

Tax

Description:

Repeals the December 31, 2015, sunset date on certain taxable income limits.  Effective July 1, 2013.

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