Bill Text: HI SB290 | 2010 | Regular Session | Introduced
Bill Title: Taxation; Comfort Letters
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2009-05-11 - Carried over to 2010 Regular Session. [SB290 Detail]
Download: Hawaii-2010-SB290-Introduced.html
Report Title:
Taxation; Comfort Letters
Description:
Clarifies the law with respect to comfort letters issued by the Department of Taxation.
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THE SENATE |
S.B. NO. |
290 |
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TWENTY-FIFTH LEGISLATURE, 2009 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO TAXATION.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 235-20, Hawaii Revised Statutes, is amended to read as follows:
"[[]§235-20[]] Comfort
letters; authority to assess fees; established. The department may assess
and collect a fee for [the issuance of] any comfort letter [of] issued
by the department. All fees collected under this section shall be
deposited into the tax administration special fund established under section
235-20.5."
SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 3. This Act shall take effect upon its approval and shall apply to taxable years beginning after December 31, 2008.
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INTRODUCED BY: |
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