HI SB454

Amends Hawaii Revised Statutes Section 251-2(a) to require pro-rated taxation for rental motor vehicles rented or leased for a portion of a day at $0.25 per half-hour or any portion thereof.

Provides that rentals of six hours or more are assessed at the full daily rate of $5 per day (or the applicable increased rate through 2027).

Maintains existing exemptions for rentals replacing vehicles being repaired or those stolen/totally lost, with documentation retention requirements for two years.

Takes effect on July 1, 2050.