Loading chat...
HI SB1099
Bill
Status
5/29/2024
Primary Sponsor
Gil Keith-agaran
Click for details
AI Summary
-
Amends Section 46-16.8, Hawaii Revised Statutes, to clarify that counties with populations of 500,000 or less can use county surcharge tax revenues for housing infrastructure costs for county-supported housing projects.
-
Prohibits counties from passing housing infrastructure costs on to developers of housing projects when using surcharge revenues for such purposes.
-
Expands the definition of "housing infrastructure costs" to include financing costs, debt service, and financing agreement costs in addition to water, drainage, sewer, and waste systems.
-
Applies the housing infrastructure provisions only to counties that amended their surcharge ordinance after December 31, 2022, or adopted a new surcharge ordinance after that date.
-
Takes effect July 1, 3000.
Legislative Description
Relating To Taxation.
Surcharge on State Tax
Last Action
Act 030, 05/28/2024 (Gov. Msg. No. 1130).
5/29/2024