Hawaii SB1097 amends motor vehicle tax laws to limit unpaid taxes and penalties to the most recent five years of delinquency.
Hawaii SB1097 modifies the state's motor vehicle tax laws to address the issue of residents abandoning vehicles due to excessive unpaid taxes and penalties. The bill exempts vehicles stored for non-transportation purposes from tax, provided the owner submits a statement of storage. It limits the amount of unpaid taxes and penalties to those incurred during the most recent five years of delinquency, aiming to prevent financial burdens that exceed the vehicle's value.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.