THE SENATE

S.B. NO.

3007

THIRTIETH LEGISLATURE, 2020

 

STATE OF HAWAII

 

 

 

 

 

 

A BILL FOR AN ACT

 

 

relating to tax credits.

 

 

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

 


SECTION 1. Chapter 201, Hawaii Revised Statutes, is amended by adding a new section to be appropriately designated and to read as follows:

"201-   Specific economic activity tax credits; Public disclosure. Upon certification by the department that a taxpayer has received any tax credit under sections 235-17 and 235‑110.91, or chapter 209E, the department shall file a public disclosure identifying the taxpayer that received the tax credit."

SECTION 2. New statutory material is underscored.

SECTION 3. This Act shall take effect upon its approval.

 

INTRODUCED BY:

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Report Title:

Tax Credits; Specified Economic Activities; Public Disclosure

 

Description:

Requires the Department of Business, Economic Development, and Tourism to make a public disclosure identifying the taxpayers receiving tax credits for specific economic activities.

 

 

 

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