Extends the county surcharge on state general excise taxes in Hawaii until 2045.
Hawaii SB492 amends the state's general excise tax law to extend the county surcharge on state taxes until 2045. Counties with populations under 500,000 can use the surcharge revenues for public transportation, ADA compliance, and housing infrastructure. The bill also specifies the dates by which counties must adopt or extend the surcharge to avoid repeal. The changes apply to counties that established the surcharge before July 1, 2015, and those that adopt it after December 31, 2022.
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