HI SCR64

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

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

Cites the Hawaii Taxpayer Bill of Rights provision allowing penalty and interest waivers when failure to pay taxes is due to reasonable cause beyond the taxpayer's control, including circumstances from the COVID-19 pandemic.

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