HOUSE OF REPRESENTATIVES	H.B. NO.	2396
TWENTY-NINTH LEGISLATURE, 2018		H.D. 1
STATE OF HAWAII

A BILL FOR AN ACT

relating to tax administration.

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

SECTION 1. Section 235-20.5, Hawaii Revised Statutes, is amended by amending subsection (a) to read as follows:

"(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] $1,000,000 shall be deposited into the general fund; and

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

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 Statutory material to be repealed is bracketed and stricken.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, 2030.

Report Title:

Tax Administration; Special Enforcement Section; Tax Administration Special Fund

Description:

Increases the limit on revenues collected by the Special Enforcement Section of the Department of Taxation that are deposited into the Tax Administration Special Fund. (HB2396 HD1)

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