Hawaii 2022 Regular Session

Hawaii House Bill HB1180 Compare Versions

Only one version of the bill is available at this time.

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1	1	HOUSE OF REPRESENTATIVES H.B. NO. 1180 THIRTY-FIRST LEGISLATURE, 2021 STATE OF HAWAII A BILL FOR AN ACT relating to taxation. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
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3	3	HOUSE OF REPRESENTATIVES H.B. NO. 1180
4	4	THIRTY-FIRST LEGISLATURE, 2021
5	5	STATE OF HAWAII
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7	7	HOUSE OF REPRESENTATIVES
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9	9	H.B. NO.
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11	11	1180
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13	13	THIRTY-FIRST LEGISLATURE, 2021
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17	17	STATE OF HAWAII
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31	31	A BILL FOR AN ACT
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37	37	relating to taxation.
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43	43	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
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47	47	SECTION 1. Section 243-3.5, Hawaii Revised Statutes, is amended by amending subsection (a) to read as follows: "(a) In addition to any other taxes provided by law, subject to the exemptions set forth in section 243-7, there is hereby imposed a state environmental response, energy, and food security tax on each barrel or fractional part of a barrel of petroleum product sold by a distributor to any retail dealer or end user of petroleum product, other than a refiner. The tax shall be [$1.05] $0.45 on each barrel or fractional part of a barrel of petroleum product that is not aviation fuel; provided that of the tax collected pursuant to this subsection: (1) 5 cents of the tax on each barrel shall be deposited into the environmental response revolving fund established under section 128D-2; (2) [5] 15 cents of the tax on each barrel shall be deposited into the energy security special fund established under section 201-12.8; (3) 10 cents of the tax on each barrel shall be deposited into the energy systems development special fund established under section 304A-2169.1; and (4) 15 cents of the tax on each barrel shall be deposited into the agricultural development and food security special fund established under section 141-10. The tax imposed by this subsection shall be paid by the distributor of the petroleum product." SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored. SECTION 3. This Act shall take effect on July 1, 2021. INTRODUCED BY: _____________________________
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49	49	SECTION 1. Section 243-3.5, Hawaii Revised Statutes, is amended by amending subsection (a) to read as follows:
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51	51	"(a) In addition to any other taxes provided by law, subject to the exemptions set forth in section 243-7, there is hereby imposed a state environmental response, energy, and food security tax on each barrel or fractional part of a barrel of petroleum product sold by a distributor to any retail dealer or end user of petroleum product, other than a refiner. The tax shall be [$1.05] $0.45 on each barrel or fractional part of a barrel of petroleum product that is not aviation fuel; provided that of the tax collected pursuant to this subsection:
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53	53	(1) 5 cents of the tax on each barrel shall be deposited into the environmental response revolving fund established under section 128D-2;
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55	55	(2) [5] 15 cents of the tax on each barrel shall be deposited into the energy security special fund established under section 201-12.8;
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57	57	(3) 10 cents of the tax on each barrel shall be deposited into the energy systems development special fund established under section 304A-2169.1; and
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59	59	(4) 15 cents of the tax on each barrel shall be deposited into the agricultural development and food security special fund established under section 141-10.
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61	61	The tax imposed by this subsection shall be paid by the distributor of the petroleum product."
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63	63	SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
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65	65	SECTION 3. This Act shall take effect on July 1, 2021.
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69	69	INTRODUCED BY: _____________________________
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71	71	INTRODUCED BY:
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79	79	Report Title: Environmental Response, Energy, and Food Security Tax Description: Amends the rate of the environmental response, energy, and food security tax imposed on petroleum products. Amends the portion of environmental response, energy, and food security tax revenues deposited into the energy security special fund. The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
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85	85	Report Title:
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87	87	Environmental Response, Energy, and Food Security Tax
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91	91	Description:
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93	93	Amends the rate of the environmental response, energy, and food security tax imposed on petroleum products. Amends the portion of environmental response, energy, and food security tax revenues deposited into the energy security special fund.
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101	101	The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.