Report Title:

Mass Transit; County General Excise and Use Tax

Description:

Authorizes county with population greater than 200,000 to impose 1% county general excise and use tax by adoption of ordinance no later than 6/30/2007 to fund county public light rail or similar mass transit. Repealed on 6/30/2009.

HOUSE OF REPRESENTATIVES

H.B. NO.

533

TWENTY-THIRD LEGISLATURE, 2005

 

STATE OF HAWAII

 


 

A BILL FOR AN ACT

 

relating to county general excise and use tax.

 

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

SECTION 1. Chapter 46, Hawaii Revised Statutes, is amended by adding a new section to be appropriately designated and to read as follows:

"§46- County general excise and use tax; use of revenues. (a) Each county having a population of at least two hundred thousand may establish a general excise and use tax at a rate not greater than one per cent. A county electing to establish this tax shall do so by adoption of an ordinance no later than June 30, 2007; provided that no ordinance shall be adopted until the county has conducted a public hearing on the proposed ordinance. Notice of the public hearing shall be published in a newspaper of general circulation within the county at least twice within a period of thirty days immediately preceding the date of the hearing.

(b) Each county that adopts a county general excise and use tax ordinance pursuant to subsection (a) shall use the revenues from the county general excise and use tax only for capital costs, including construction, of and for operating and maintaining a public light rail or similar mass transit system within the county. As used in this section, "capital costs" means nonrecurring costs required to construct a light rail transit facility or system, including debt service, costs of land acquisition and development, acquiring of rights-of-way, planning, design, and construction, including equipping and furnishing the facility or system."

SECTION 2. New statutory material is underscored.

SECTION 3. This Act shall take effect on July 1, 2005 and shall be repealed on June 30, 2009.

INTRODUCED BY:

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