HI HB828

Amends Hawaii Revised Statutes Section 231-96 to clarify that businesses conducting more than ten taxable cash transactions daily must both offer a receipt and maintain contemporaneously generated records (handwritten or electronic).

Establishes maximum fines of $1,000 for violations, or $2,000 for cash-based businesses, except when the violator is otherwise in compliance with tax laws.

Allows the Department of Taxation to impose fines commensurate with the violation (as determined by departmental rules) for persons otherwise compliant with tax law.

Repeals Section 231-97 (redundant provision regarding failure to record transactions in cash registers).

Takes effect July 1, 2011.