§235-53  Tax tables for individuals. (a)  Imposition of tax table tax:

(1)  In general.  In lieu of the tax imposed bysection 235-51, there is hereby imposed for each taxable year on the taxableincome of every individual:

(A)  Who does not itemize the individual'sdeductions for the taxable year; and

(B)  Whose taxable income for such taxable yeardoes not exceed the ceiling amount,

a tax determined under tables, applicable tosuch taxable year, which shall be prescribed by the director.  In the tables soprescribed, the amounts of tax shall be computed on the basis of the ratesprescribed by section 235-51.

(2)  Ceiling amount defined.  For purposes ofparagraph (1), the term "ceiling amount" means, with respect to anytaxpayer, the amount (not less than $20,000) determined by the director for thetax rate category in which such taxpayer falls.

(3)  Authority to prescribe tables for taxpayers whoitemize deductions.  The director may provide that this section shall applyalso for any taxable year to individuals who itemize their deductions.  Anytables prescribed under the preceding sentence shall be on the basis of taxableincome.

(b)  Section inapplicable to certainindividuals.  This section shall not apply to:

(1)  An individual making a return for a period ofless than twelve months on account of a change in annual accounting period, and

(2)  An estate or trust.

(c)  Tax treated as imposed by section 235-51. For purposes of this chapter, the tax imposed by this section shall be treatedas tax imposed by section 235-51.

(d)  Taxable income.  Whenever it is necessaryto determine the taxable income of an individual to whom this section applies,the taxable income shall be determined under section 235-2.4(a). [L Sp 1957, c1, pt of §2; am L Sp 1959 2d, c 1, §16; Supp, §121-10; HRS §235-53; am L 1968,c 8, §2; am L 1977, c 46, §1; am L 1981, c 208, §3; am L 1987, c 239, §1(13),(14)]