Bill Text: HI HB2000 | 2016 | Regular Session | Introduced
Bill Title: Income Tax; Check-off; Housing First Special Fund
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Introduced - Dead) 2016-01-27 - Referred to HSG, FIN, referral sheet 2 [HB2000 Detail]
Download: Hawaii-2016-HB2000-Introduced.html
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HOUSE OF REPRESENTATIVES |
H.B. NO. |
2000 |
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TWENTY-EIGHTH LEGISLATURE, 2016 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
relating to income tax.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 235-102.5, Hawaii Revised Statutes, is amended by amending subsection (d) to read as follows:
"(d) Notwithstanding any law to the
contrary, any individual whose state income tax refund for any taxable year is [$5]
$10 or more may designate $5 or $10 of the refund to be paid over
as follows:
(1) One-third to the Hawaii children's trust fund under section 350B-2; and
(2) Two-thirds to be divided equally among:
(A) The domestic violence and sexual assault special fund under the department of health in section 321-1.3;
(B) The spouse and child abuse special account
under the department of human services in section 346‑7.5; [and]
(C) The spouse and child abuse special account
under the judiciary in section 601-3.6[.]; and
(D) The housing first special fund under the department of human services in section 346-377.
When designated by a taxpayer submitting a state
income tax return to the department, the department of budget and finance shall
allocate the moneys among the several funds as provided in this subsection. In
the case of a joint return of a husband and wife having a state income tax
refund of [$10] $20 or more, each spouse may designate that $5 or
$10 be paid over as provided in this subsection. The director of taxation
shall revise the individual state income tax form to allow the designation of
contributions pursuant to this subsection on the face of the tax return and
immediately above the signature lines. If no designation was made on the
original tax return when filed, a designation may be made by the individual on an
amended return filed within twenty months and ten days after the due date for
the original return for such taxable year. A designation once made, whether by
an original or amended return, may not be revoked."
SECTION 2. Section 346-377, Hawaii Revised Statutes, is amended by amending subsection (a) to read as follows:
"(a) There is established in the state treasury the housing first special fund, into which shall be deposited:
(1) Appropriations by the legislature to the special
fund; [and]
(2) Income tax remittances allocated under section 235-102.5; and
[(2)] (3) Gifts, donations, and grants
from public agencies and private persons.
Each county may provide matching funds, which shall also be deposited into the housing first special fund."
SECTION 3. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 4. This Act shall take effect on July 1, 2016.
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INTRODUCED BY: |
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Report Title:
Income Tax; Check-off; Housing First Special Fund
Description:
Increases the maximum state income tax check off amount for certain social-service funds from $5 to $10 per individual. Adds the Housing First Special Fund to the list of social service funds to which a taxpayer may designate a portion of the taxpayer's state income tax refund.
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
