SB1333 extends the period for collecting county surcharges on state taxes and expands their use for housing infrastructure.
SB1333 amends Hawaii law to extend the period for collecting county surcharges on state taxes to December 31, 2047, for counties with populations of 500,000 or less. It allows these counties to use the surcharge revenues for both housing and transportation infrastructure, including pedestrian paths, water systems, and electrical improvements. The bill also permits cost-sharing with private or public developers for housing infrastructure projects funded by surcharge revenues. The changes apply to counties that adopt or amend their surcharge ordinances after December 31, 2022.
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