Hawaii Surface Damage Payments

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US-OG-826
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This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.

Hawaii Surface Damage Payments refer to financial compensations provided to landowners or leaseholders for damages caused by geothermal resource development activities in Hawaii. These payments aim to address any adverse impacts or alterations to the natural state of the land's surface resulting from geothermal drilling, exploration, or energy production projects. The State of Hawaii, along with the Department of Land and Natural Resources (DLR) and the Office of Conservation and Coastal Lands (ECCL), oversees the regulation and issuance of Surface Damage Payments. The objective is to ensure fairness and protect the rights of landowners or leaseholders while promoting the development of renewable energy sources. Under the Hawaii Surface Damage Payment program, there are various types of compensations or payments individuals can receive based on the type and extent of the damages incurred. These include: 1. Surface Damage Compensation: This type of payment is typically provided to landowners or leaseholders affected by geothermal exploration activities, such as seismic testing, surveying, or geological studies. It aims to cover any surface disturbances, such as vegetation removal, soil excavation, or ground leveling, caused during these preliminary stages. 2. Surface Lease Payments: For landowners who lease their properties to geothermal energy companies, surface lease payments serve as a form of compensation for the use and potential impacts on the surface land rights. These payments are often negotiated in lease agreements to ensure consistent compensation for the duration of the lease term. 3. Surface Restoration Payments: In cases where geothermal energy development activities result in significant surface damages or alterations, surface restoration payments may be provided to fund the reclamation, rehabilitation, and restoration of the affected land. This compensation helps ensure that the land returns to a condition comparable to its pre-development state. 4. Surface Damage Mitigation: Rather than monetary compensation, this type of payment offers alternative mitigation measures to offset the surface damages caused by geothermal activities. Landowners may receive assistance in implementing conservation practices, ecosystem restoration, or land enhancement projects to mitigate the impacts and maintain or improve the natural quality of the affected land. It is important to note that the specifics of Hawaii Surface Damage Payments, including the eligibility criteria, payment amounts, and procedures, can vary depending on the individual circumstances of each geothermal energy project. The DLR and ECCL facilitate the negotiation, assessment, and distribution of these payments to ensure that both the landowners' rights and environmental concerns are adequately addressed and balanced.

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FAQ

Form G-49 is due on or before the 20th day of the fourth month following the close of the tax year. For taxpayers on a calendar year, this return will be due on April 20th.

Form G-49 - All filers must file an annual return and reconciliation (Form G-49) after the close of the taxable year. Form G-49 is a summary of your activity for the entire year. This return must be filed in addition to Form G-45.

Hawaii does not have a sales tax; instead, we have the GET, which is assessed on all business activities. The tax rate is 0.15% for Insurance Commission, 0.5% for Wholesaling, Manufacturing, Producing, Wholesale Services, and Use Tax on Imports For Resale, and 4% for all others.

A monthly filer must file a Form G-45 every month, a quarterly filer must file a return for each quarter, and a semiannual filer must file a return for each semi- annual period. You must file a Form G-45 even if you do not have any gross income to report for the period.

Forms G-45, G-49, and GEW-TA-RV-6 can be filed and payments made electronically through the State's Internet portal. For more information, go to tax.hawaii.gov/eservices/. NOTE: The Department requires taxpayers whose general excise tax liability exceeds $4,000 for the taxable year, to file returns electronically.

What is the difference between the G-45 and the G-49 Forms? The G-45 is the 'periodic' form which is filed either monthly, quarterly, or semiannually. The G-49 is the annual or so called "reconciliation" form which is filed annually.

Yes. Most widely used return forms are available for e-filing on Hawaii Tax Online. E-filed returns are easier to complete, more accurate, and processed more quickly than paper returns. We encourage all taxpayers to e-file as it is the convenient, fast, and secure way to file your tax returns.

What is Form G-49? Form G-49 is a summary of your activity for the entire year. This return must be filed in addition to Periodic General Excise/Use Tax Return (Form G-45). Form G-49 is used by the taxpayer to reconcile their account for the entire year.

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Write the “AMOUNT OF YOUR PAYMENT,” including any penalty and interest, on ... Write the filing period, your Hawaii Tax I.D. No., and your daytime phone ... You may be able to report or file a claim online or from your cell phone. If you have trouble finding a phone number, try searching for your insurance company ...Damages if prepaid or the property was not injured and not restored can be taxed as ordinary income. So be careful what you wish for here in your negotiations. The damage resulting from the emergency must be to an extent that it ... Work with your construction team in completing the building permit application(s). What are the minimum car insurance requirements in Hawaii? Read up-to-date information on how much car insurance coverage you need to drive legally in HI. PAYMENT – Payment will be made as specified below. Such payment shall include furnishing all labor, material, equipment, and other expenses required to complete ... removed without damage to the surface of the pipe. Abutting edges shall be ... spread filler material over the surface of the subbase course. The spreading ... To receive compensation under the surface damage statutes, the surface owner must notify the mineral developer of damages within two years after the injury ... Dec 3, 2021 — See Instructions for Completing a PPQ Form 591 on page A-22 for more information, and Refusing to Pay the Civil Penalty on page A-23 for actions ... Hurricane insurance covers damages due to hurricane speed winds and rain but does not cover flood damage. Some lenders for Hawaii residences may require ...

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Hawaii Surface Damage Payments