REPORT TITLE:
Tax; Phone, Cable, Telecommun.


DESCRIPTION:
Applies franchise tax to telephone, telecommunication, and cable
tv businesses.

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                                        3094
THE SENATE                              S.B. NO.           
TWENTIETH LEGISLATURE, 2000                                
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:

 1      SECTION 1.  Section 240-1, Hawaii Revised Statutes, is
 
 2 amended to read as follows:
 
 3      "�240-1 Electric light and power companies, telephone,
 
 4 telecommunication, and cable television services, tax on.  Every
 
 5 person operating in the State an electric light or power business
 
 6 as a public utility, or telephone, telecommunication, or cable
 
 7 television business whose franchise does not provide for the
 
 8 payment to the county in which the public utility operates of a
 
 9 tax, or a tax of less than two and one-half per cent, based upon
 
10 the gross receipts of [such] the person from all electric light
 
11 or power, telephone, telecommunication, or cable television
 
12 services furnished to consumers during each calendar year, shall
 
13 file with the director of finance of the county in which the
 
14 public utility operates, within one month after the expiration of
 
15 each calendar year, a detailed statement showing all gross
 
16 receipts from all electric light or power, telephone,
 
17 telecommunication, or cable television service furnished to
 
18 consumers during the preceding calendar year.  [Such] The person
 
19 [shall], at the same time, shall pay to the director of finance,
 

 
Page 2                                                     3094
                                     S.B. NO.           
                                                        
                                                        

 
 1 for and on behalf of [such] the county, in addition to any and
 
 2 all other payments required to be made by law, two and one-half
 
 3 per cent of the gross receipts; or, if [such] the person's
 
 4 franchise provides for a tax of less than two and one-half per
 
 5 cent of the gross proceeds, the difference between the tax
 
 6 required under [such] the franchise and two and one-half per cent
 
 7 of the gross receipts, of [such] the person from all electric
 
 8 light or power, telephone, telecommunication, or cable television
 
 9 service furnished to consumers during the preceding calendar
 
10 year."
 
11      SECTION 2.  Statutory material to be repealed is bracketed.
 
12 New statutory material is underscored.
 
13      SECTION 3.  This Act shall take effect on July 1, 2000.
 
14 
 
15                       INTRODUCED BY:  ___________________________