HB 1049 Summary

• Adds definition of "Director" as the director of taxation to Section 231-1, Hawaii Revised Statutes.

• Changes fuel tax return filing deadline from the last day to the twentieth day of each calendar month and simplifies reporting requirements to the department of taxation.

• Expands the definition of "dealer" under liquor tax law to include winery's license, small craft producer's license, and direct wine shipper permit holders.

• Extends record retention period for cigarette and tobacco product inventory from three years to five years and clarifies inspection authority of the department and attorney general.

• Repeals Section 243-8 (license taxes payable monthly) and Section 245-31 (monthly reports on cigarette and tobacco product distributions) and removes outdated definition of "month" from fuel tax provisions.