HI HB1575

Authorizes each Hawaii county to impose a 1% surcharge on state income tax for individuals with taxable income exceeding $1,000,000.

Requires counties adopting the surcharge to conduct a public hearing and publish notice in a newspaper of general circulation at least twice within 30 days before the hearing.

Mandates that all surcharge revenues be used exclusively to address homelessness in the adopting county.

Directs the state director of taxation to administer collection of county surcharges beginning no earlier than January 1, 2018, and to determine allocation of surcharge revenue when taxpayers reside in multiple counties.

Applies to taxable years beginning after December 31, 2017.