Report Title:

Franchise Tax; Counties

Description:

Imposes a reporting requirement and 2-1/2% county tax on certain telephone companies in the State.

HOUSE OF REPRESENTATIVES

H.B. NO.

768

TWENTY-SECOND LEGISLATURE, 2003

 

STATE OF HAWAII

 


 

A BILL FOR AN ACT

 

RELATING TO FRANCHISE TAX.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

SECTION 1. Chapter 240, Hawaii Revised Statutes, is amended by adding a new section to be appropriately designated and to read as follows:

"§240- Telephone tax. Every person operating a telephone company as a public utility in the State, whose franchise or certificate of public convenience and necessity issued by the public utilities commission does not provide for the payment, to the county in which the public utility operates, of a tax based upon the gross receipts of the person from all telephone services furnished to consumers during each calendar year, shall:

(1) File with the director of finance of the county in which the public utility operates, within one month after December 31, a detailed statement showing all such receipts during the preceding calendar year; and

(2) Pay to the director of finance, for and on behalf of such county, in addition to any and all other payments required to be made by law, two and one-half per cent of the gross receipts of the person from all telephone services furnished to consumers during the preceding calendar year."

SECTION 2. New statutory material is underscored.

SECTION 3. This Act shall take effect on July 1, 2003.

INTRODUCED BY:

_____________________________

By Request