HI HCR130

Requests the Director of Taxation to waive General Excise Tax penalties and interest on taxes incurred after March 4, 2020, when small businesses attest the failure to pay timely was due to the COVID-19 pandemic or government responses to it.

Requests the Director of Taxation to waive income tax penalties and interest on individual taxpayers who attest they failed to file or remit taxes due to the COVID-19 pandemic or government responses to it.

Cites the Hawaii Taxpayer Bill of Rights, which allows penalty and interest waivers when failure to pay is due to reasonable cause beyond the taxpayer's control, with the pandemic qualifying as such circumstances.

Notes the Director of Taxation has authority under section 231-10.7, Hawaii Revised Statutes, to adopt temporary rules effective seven days after notice is issued.

Directs transmission of certified copies to the Director of Taxation and the Governor.