SB467

Extends the county surcharge on state general excise taxes in Hawaii until 2045.

This bill extends the county surcharge on state general excise taxes in Hawaii until December 31, 2045. Counties that established the surcharge before July 1, 2015, can extend it at the same rates until 2045. Counties that have not established the surcharge can do so by ordinance, with specific timelines for adoption and repeal. The surcharge revenues must be used for public transportation, compliance with the Americans with Disabilities Act, and housing infrastructure costs. The bill also includes provisions for the repeal of the surcharge if certain conditions are not met.