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HomeMy WebLinkAboutAgenda 7-2(f) - Act 1 - Part III - HSL - SS 2021Page 11 H.B. NO. 862 HD 2 S.D. 2 CD 5 PART III 6 SECTION 6. Chapter 46, Hawaii Revised Statutes, is amended 7 by adding a new section to be appropriately designated and to 8 read as follows: 9 "§46- County transient accommodations tax. Each county 10 may establish a transient accommodations tax not to exceed the 11 maximum rate set forth in section 237D- The county 12 transient accommodations tax shall be in addition to any state 13 transient accommodations tax. A county electing to establish a 14 transient accommodations tax pursuant to this section shall do 15 so by ordinance." 16 SECTION 7. Chapter 237D, Hawaii Revised Statutes, is 17 amended by adding a new section to be appropriately designated 18 and to read as follows: 19 "§237D- County transient accommodations tax; 20 administration. (a) The county transient accommodations tax, 21 upon the adoption of a county ordinance and in accordance with 2021-7274 9RB62 Cil CIMSO-- 11 Page 12 H.B. NOS862 HD.2 become effective, on contracts entered S.D. 2 into prior to the adoption of the ordinance C. D. 1 1 the requirements of section 46- , shall be levied, assessed, 2 and collected as provided in this section on all gross rental, 3 gross rental proceeds, and fair market rental value taxable 4 under this chapter. No county shall set its transient 5 accommodations tax at a rate greater than three per cent of all 6 gross rental, gross rental proceeds, and fair market rental 7 value taxable under this chapter. With respect to the county 8 transient accommodations tax, the applicable county director of 9 finance shall have all the rights and powers of the director of 10 taxation provided under this chapter. 11 (b) The county transient accommodations tax, if adopted, 12 shall be imposed on the gross rental, gross rental proceeds, and 13 fair market rental value of all written contracts that require 14 the passing on of the taxes imposed under this chapter; provided 15 that if the gross rental, gross rental proceeds, and fair market 16 rental value are received as payments beginning in the taxable 17 year in which the taxes become effective, on contracts entered 18 into prior to the adoption of the ordinance pursuant to 19 section 46- , and the written contracts do not provide for the 20 passing on of increased rates of taxes, the county transient 21 accommodations tax shall not be imposed on the Gross rental, 2021-32714 HB862 CD1 HMSO -1 12 IIIIIIIIIIII IIII III IIIIIIIIIIIIIIIIIIIIIIII 11111111111 IIII 1111111 Page 13862 B N O 862 H.D. 2 . . S.D. 2 C.D. 1 1 gross rental proceeds, and fair market rental value covered 2 under the written contracts. The county transient 3 accommodations tax shall be imposed on the gross rental, gross 4 rental proceeds, and fair market rental value from all contracts 5 entered into on or after the adoption of the ordinance pursuant 6 to section 46- , regardless of whether the contract allows for 7 the passing on of any tax or any tax increases. 8 (c) No countv transient accommodations tax shall be 9 established on any form of accommodation that is exempt from the 10 taxes imposed by this chapter pursuant to section 237D-3." 1021-3174 HA862 CD. FN50-1 13 I'Illl'Illllllllllll'IIIIII IVI II'I lllllllllIII IIII II IIIIIIIIIPIIIIII II IIIIIIIIIIIIIIIII llll'IEIIIIIIIIIIIIII