HB1049 Summary

• Amends Title 14 (taxation) of Hawaii Revised Statutes to simplify and streamline tax law administration by making nonsubstantive clarifications and deletions of obsolete provisions.

• Replaces specific district-based filing and payment procedures with more flexible "form and manner as prescribed by the department" language across multiple tax chapters (income, general excise, fuel, liquor, and cigarette taxes).

• Repeals obsolete or expired tax provisions including sections 235-5.6 (individual development account tax credit), 235-111.5 (net operating loss carryover sales), 239-11 (contract carrier exemption), 239-12 (call center exemption), 243-8, and 245-31.

• Consolidates definitions of "director" into section 231-1 and removes redundant definitions from other chapters.

• Takes effect July 1, 2050.