H.B. 1150 Summary

• Suspends the statute of limitations on tax collections when an assessment is pending on appeal before the taxation board of review or tax appeal court, from the filing date of the notice of appeal until the final decision is issued or the case is withdrawn or dismissed.

• Applies the suspension provision to income tax (HRS §235-111), general excise tax (HRS §237-40), transient accommodations tax (HRS §237D-9), use tax (HRS §238-7), fuel tax (HRS §243-14), conveyance tax (HRS §247-6.5), and rental motor vehicle surcharge tax (HRS §251-8).

• Changes language from "prior to" to "before" regarding taxes assessed before July 1, 2009, which remain barred from collection after June 30, 2024.

• Maintains existing suspension periods for the statute of limitations, including taxpayer consent, court custody of assets, pending compromise offers, and taxpayers absent from the State for six or more months.

• Takes effect July 1, 3000, and applies retroactively to assessments that were on appeal before the effective date.