HI SB620

Requires out-of-state retailers and vendors not collecting general excise or use tax to notify Hawaii purchasers by January 31 of each year about purchases exceeding a threshold amount, including purchase dates and amounts without disclosing product details.

Mandates out-of-state retailers and vendors file annual statements with the Department of Taxation by March 1 showing total purchases by each Hawaii purchaser, with penalties of unspecified amounts for non-compliance unless reasonable or good cause is shown.

Exempts retailers and vendors who voluntarily collect and pay use tax to the state from these notification and reporting requirements.

Prohibits the Department of Taxation from imposing fines, interest, or penalties on purchasers who receive notification but fail to pay use tax, limiting enforcement to requiring tax payment only.

Amends the definition of "business" under Hawaii's general excise tax law to include out-of-state persons with $[amount] or more in gross receipts attributable to Hawaii and a computer server physically present in the state, effective July 1, 2030.