ORD 2019-029 2018-2020 - Laserfiche WebLink

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h,� •. f•• ••. COUNTY OF HAWAII ••4\ '5;\:Yt• STATE OF HAWAII '•+r�TE 0 N��'` BILL NO. 19 ORDINANCE NO. 19 29 AN ORDINANCE AMENDING CHAPTER 2, ARTICLE 45 OF THE HAWAII COUNTY CODE 1983 (2016 EDITION, AS AMENDED), RELATING TO THE GENERAL EXCISE AND USE TAX SURCHARGE. BE IT ORDAINED BY THE COUNCIL OF THE COUNTY OF HAWAII: SECTION 1. PURPOSE. The purpose of this ordinance is to increase the County General Excise and Use Tax Surcharge rate from one-quarter percent (0.25%), that was levied on January 1, 2019, to one half percent (0.5%) to be levied on January 1, 2020, as authorized by Sections 46-16.8, 237-8.6, 23 8-2.6 and 248-2.6 (d) Hawai`i Revised Statutes, as amended, and to amend the sunset date of December 31, 2020, to December 31, 2030. SECTION 2. Chapter 2, article 45 of the Hawai`i County Code 1983 (2016 Edition, as amended) is amended to read as follows: "Article 45. [ ] General Excise and Use Tax Surcharge. Section 2-233. Establishment of surcharge. (a) Pursuant to Act 11, Session Laws of Hawai`i 2018, codified as section 46-16.8, Hawai`i Revised Statutes, as amended, it is hereby established a 0.25 per cent general excise and use tax surcharge [to be used for purposes of funding the operating or capital costs of public transportation within the County of Hawai`i]. The general excise and use tax surcharge shall be levied beginning January 1, 2019. (b) After December 31, 2019, pursuant to Act 11, Session Laws of Hawai`i 2018, codified as section 46-16.8, Hawaii Revised Statutes, as amended, it is hereby established a 0.50 per cent general excise and use tax surcharge. The general excise and use tax surcharge shall be levied beginning January 1, 2020. Section 2-234. General excise tax fund. Pursuant to article X, section 10-12, Hawai'i County Charter 2016, the director of finance is authorized to create a special fund to be known as the "general excise tax fund." All moneys received from the State derived from the imposition of the surcharge established under this article shall be deposited into the general excise tax fund. Section 2-235. Use of funds. (a) Pursuant to sections 46-16.8 and 248-2.6, Hawai`i Revised Statutes, moneys received from the State derived from the imposition of the surcharge established under this article will be a general fund realization. Moneys received from the surcharge shall be expended for: