HOUSE OF REPRESENTATIVES	H.B. NO.	1490
THIRTY-FIRST LEGISLATURE, 2022
STATE OF HAWAII

A BILL FOR AN ACT

Relating to taxation.

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

SECTION 1. Chapter 231, Hawaii Revised Statutes, is amended by adding a new section to be appropriately designated and to read as follows:

"§231-    Failure to respond; penalty. A penalty shall be added to any tax assessed under this title if a taxpayer fails to respond to any department inquiry or request for information during an examination or investigation at the time or times required by law. The amount of the penalty shall be no more than twenty-five per cent of the assessed tax. The director may waive or reduce the penalty if the failure to respond was due to reasonable cause and not due to neglect."

SECTION 2. This Act does not affect rights and duties that matured, penalties that were incurred, and proceedings that were begun before its effective date.

SECTION 3. New statutory material is underscored.

SECTION 4. This Act shall take effect upon its approval.

INTRODUCED BY:

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Report Title:

Taxation; Failure to Respond; Penalty

Description:

Establishes a civil penalty for failure to respond to an inquiry or request for information during a state tax examination or investigation.

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