SB454 imposes a daily surcharge tax on rental motor vehicles in Hawaii, increasing incrementally until 2027.
SB454 amends Hawaii Revised Statutes to impose a daily surcharge tax of $5 on rental motor vehicles, increasing by $0.50 each year until 2027. The tax applies to lessors, except when the rental replaces a vehicle being repaired, stolen and unrecovered, or declared a total loss. Lessors must report the tax portion attributed to the county where the vehicle was operated. Peer-to-peer car-sharing programs are also subject to this tax.
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