HI HB2156

Increases filing thresholds for Hawaii's General Excise Tax (GET) and Transient Accommodations Tax (TAT), which have remained unchanged since 2001 despite approximately 83% inflation since then.

Current thresholds require monthly filing for taxpayers with $4,000+ annual liability (roughly $100,000 gross proceeds) and semiannual filing for those under $2,000 liability (roughly $50,000 gross proceeds).

Amends Hawaii Revised Statutes sections 231-8.5, 237-30, and 237D-6 to raise filing frequency thresholds, though specific new dollar amounts are left blank in this draft version.

Intended to reduce administrative burden on small businesses and the Department of Taxation, which currently operates with a 33% staff vacancy rate.

Effective date is set as July 1, 3000 (placeholder date indicating further deliberation needed).