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HI HB1146
Bill
Status
1/27/2021
Primary Sponsor
Kyle Yamashita
Click for details
AI Summary
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Extends the deadline for counties to adopt a surcharge on state tax ordinance from March 31, 2019, to December 31, 2021.
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Allows counties that adopted surcharge ordinances between March 31, 2019, and December 31, 2021, to begin levying the surcharge on January 1, 2023.
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Authorizes counties with populations of 500,000 or less that adopt surcharge ordinances after December 31, 2020, to use surcharge revenues exclusively for affordable and workforce housing infrastructure for households earning up to 140 percent of area median income.
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Allows counties that adopted surcharge ordinances prior to January 1, 2021, to use surcharge revenues for public transportation, Americans with Disabilities Act compliance, or affordable housing infrastructure.
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Becomes effective January 1, 2055.
Legislative Description
Relating To Taxation.
Extension
Last Action
Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; Representative(s) McDermott, Okimoto voting no (2) and Representative(s) Har, Kong, Matayoshi excused (3).
2/19/2021