Hawaii SB1534 proposes a surcharge on luxury motor vehicles and exempts diapers from taxation.

Hawaii SB1534 introduces a surcharge on the gross proceeds of sales of luxury motor vehicles, defined as vehicles with a manufacturer's suggested retail price of $100,000 or more, excluding certain vehicles like trucks, motorhomes, authorized emergency vehicles, and those fitted for transporting passengers with a disability. The surcharge is set at fifty percent of the sum of all applicable taxes imposed on the value of luxury vehicles. The bill also mandates the director of taxation to revise tax forms to clearly designate the imposition and payment of this surcharge.

Hawaii SB1534 proposes a surcharge on luxury motor vehicles and exempts diapers from taxation.

Hawaii SB1534 introduces a surcharge on the gross proceeds of sales of luxury motor vehicles, defined as vehicles with a manufacturer's suggested retail price of $100,000 or more, excluding certain vehicles like trucks, motorhomes, authorized emergency vehicles, and those fitted for transporting passengers with a disability. The surcharge is set at fifty percent of the sum of all applicable taxes imposed on the value of luxury vehicles. The bill also mandates the director of taxation to revise tax forms to clearly designate the imposition and payment of this surcharge.