Hawaii SB3172 amends tax laws to limit collection periods, prevent lingering tax liens, and improve offer in compromise processes.

Hawaii SB3172 addresses tax administration by setting a fifteen-year limit on tax collection efforts, ensuring that tax liens do not persist beyond this period. It also limits the lookback period for non-filed tax returns to six years, except in cases of fraud or evasion. The bill mandates the Department of Taxation to consider offers in compromise for tax debts over $50,000 without requiring gubernatorial approval, aiming to resolve uncollectible or hardship cases more efficiently.

Hawaii SB3172 amends tax laws to limit collection periods, prevent lingering tax liens, and improve offer in compromise processes.

Hawaii SB3172 addresses tax administration by setting a fifteen-year limit on tax collection efforts, ensuring that tax liens do not persist beyond this period. It also limits the lookback period for non-filed tax returns to six years, except in cases of fraud or evasion. The bill mandates the Department of Taxation to consider offers in compromise for tax debts over $50,000 without requiring gubernatorial approval, aiming to resolve uncollectible or hardship cases more efficiently.