HOUSE OF REPRESENTATIVES	H.B. NO.	2011
TWENTY-NINTH LEGISLATURE, 2018		H.D. 1
STATE OF HAWAII

A BILL FOR AN ACT

RELATING TO TRANSIENT ACCOMMODATIONS TAX.

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

SECTION 1. Section 235-20.5, Hawaii Revised Statutes, is amended to read as follows:

"§235-20.5 Tax administration special fund; established. (a) There is established a tax administration special fund, into which shall be deposited:

(1) Fees collected under sections 235-20, 235-110.9, and 235-110.91;

(2) Revenues collected by the special enforcement section pursuant to section 231-85; provided that in each fiscal year, of the total revenues collected by the special enforcement section[, all revenues in excess of $700,000]:

(A) An amount not to exceed $1,000,000 shall be deposited into the special fund, and any amounts in excess of $1,000,000 shall be deposited into the general fund; and

(B) Of the $1,000,000 collected and deposited pursuant to subparagraph (A), the first $300,000 of revenues shall be deposited into a separate account for the purpose described in subsection (b); and

(3) Fines assessed pursuant to section 237D-4.

(b) The moneys in the fund shall be used for the following purposes:

(1) Issuing comfort letters, letter rulings, written opinions, and other guidance to taxpayers;

(2) Issuing certificates under sections 235-110.9 and 235-110.91;

(3) Administering the operations of the special enforcement section; and

(4) Developing, implementing, and providing taxpayer education programs, including tax publications[.];

provided that all moneys in the separate account established pursuant to subsection (a)(2)(B) shall be used for operations of the special enforcement section established under section 231-81(a) that pertain exclusively to the enforcement of chapter 237D."

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 Statutory material to be repealed is bracketed and stricken.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

SECTION 3. This Act shall take effect on July 1, 2050.

Report Title:

Transient Accommodations Tax Enforcement; Tax Administration Special Fund; Special Enforcement Section

Description:

Increases the revenue threshold for the tax administration special fund and allocates the additional moneys to the special enforcement section for the enforcement of the transient accommodations tax. (HB2011 HD1)

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