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HI SB1568

Bill

Status

Engrossed

3/7/2023

Primary Sponsor

Gil Keith-agaran

Click for details

Origin

Senate

2024 Regular Session

AI Summary

S.B. 1568 Summary

  • Extends the deadline for counties to adopt a surcharge on state tax from March 31, 2019, to December 31, 2023, for counties that have not previously established such a surcharge.

  • Authorizes counties with populations of 500,000 or less that adopt a surcharge after December 31, 2022, to use surcharge revenues exclusively for housing infrastructure, including water, drainage, sewer, waste disposal, and waste treatment systems.

  • Permits counties that established a surcharge on state tax prior to March 31, 2019, to amend their surcharge ordinances to change rates or authorized uses by December 31, 2023, with changes taking effect January 1, 2025.

  • Requires that counties using surcharge revenues for housing infrastructure shall not pass related infrastructure costs to housing developers.

  • Extends the authorization period for all county surcharges through December 31, 2030, and adds January 1, 2025, as an effective date for surcharges adopted under the extended timeline.

Legislative Description

Relating To Taxation.

Amendment

Last Action

Carried over to 2024 Regular Session.

12/11/2023

Committee Referrals

Labor & Government Operations3/9/2023
Ways and Means2/17/2023
Housing1/30/2023

Full Bill Text

No bill text available