HRS §240-1
County tax on electric and power companies
This section requires electric and power companies that operate as public utilities in Hawaii to pay a county tax on their gross receipts from electricity sold to consumers. The tax rate is 2.5% unless the company's franchise already provides for a lower tax, in which case the company pays the difference. Companies must file a detailed statement of their gross receipts with the county finance director within one month after each calendar year ends.
businesses
The statute, as written — Electric light and power companies, tax on §240-1 Electric light and power companies, tax on
Every person operating in the State an electric light or power business as a public utility, whose franchise does not provide for the payment to the county in which the public utility operates of a tax, or a tax of less than two and one-half per cent, based upon the gross receipts of such person from all electric light or power furnished to consumers during each calendar year, shall file with the director of finance of the county in which the public utility operates, within one month after the expiration of each calendar year, a detailed statement showing all gross receipts from all electric light or power furnished to consumers during the preceding calendar year. Such person shall, at the same time pay to the director of finance, for and on behalf of such county, in addition to any and all other payments required to be made by law, two and one-half per cent of the gross receipts; or, if such person's franchise provides for a tax of less than two and one-half per cent of the gross proceeds, the difference between the tax required under such franchise and two and one-half per cent of the gross receipts, of such person from all electric light or power furnished to consumers during the preceding calendar year.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.