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HI HB1047

Bill

Official Source

Status

Introduced

1/27/2021

Primary Sponsor

Scott Saiki

Click for details

Origin

House of Representatives

2022 Regular Session

AI Summary

  • Changes general excise tax license requirement from "one-time" payment to "initial" payment of $20, with licenses valid for two years and renewable biennially
  • Permits the Department of Taxation to charge a fee of no more than $20 for license renewals and allows the department to require renewals be submitted electronically
  • Requires existing tax licenses to be renewed for the first time in 2022 at no charge, with renewal dates to be prescribed by the Department of Taxation
  • Takes effect on July 1, 2050

Legislative Description

Relating To General Excise Tax Licenses.

Renewal

Last Action

Carried over to 2022 Regular Session.

12/10/2021

Committee Referrals

Finance2/17/2021
Economic Development1/29/2021

Full Bill Text

No bill text available