Haw. Rev. Stat. § 241-7

Current through Chapter 253 of the 2024 Legislative Session
Section 241-7 - Disposition of funds

From the revenues collected under this chapter each fiscal year, the sum representing the first $2,000,000 of such revenues shall be deposited with the director of finance to the credit of the compliance resolution fund as established pursuant to section 26-9(o) before tax credits are realized. Any revenues collected under this chapter in excess of $2,000,000 at the close of any fiscal year shall be deposited into the general fund.

HRS § 241-7

Amended by L 2022, c 72,§ 2, eff. 6/17/2022, app. to taxable years beginning after 12/31/2021.
L Sp 1957, c 1, pt of §10(a); Supp, § 127-7; HRS § 241-7; am L 1999, c 182, §1; am L 2001, c 28, §1 .