Hawaii Administrative Rules
Title 6 - DEPARTMENT OF BUDGET AND FINANCE
Division - PUBLIC UTILITIES COMMISSION
Chapter 62 - MOTOR CARRIER RULES AND CLASSIFICATION OF PROPERTY AND PASSENGER CARRIERS
Subchapter 7 - FINANCIAL REPORTING
Section 6-62-42 - Annual financial reports

Universal Citation: HI Admin Rules 6-62-42

Current through August, 2024

(a) Each motor carrier shall file an annual financial report of its operations for the previous calendar year by April 30 of each year, in a form prescribed by the commission.

(b) A carrier that has passenger and property carrier authority shall file separate annual financial reports for its passenger and property carrier operations.

(c) The commission may require a carrier to file additional information to supplement the financial report.

(d) A motor carrier failing to file annual financial reports as required by this section may be assessed a penalty up to the sum of one-sixteenth of one per cent of the gross revenues of the motor carrier's business during the preceding calendar year, if the failure is less than one month.

(e) An additional one-sixteenth of one per cent of the gross revenues of the motor carrier's business during the preceding calendar year may be assessed for each additional month or fraction thereof during which the failure to file continues.

(f) In no event shall the total civil penalty be less than $50.

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