HI HB2878

Repeals tax exemptions for most nonprofit organizations (charitable, scientific, educational, hospital, and business league entities), but retains exemption for religious organizations only.

Eliminates general excise tax exemptions for enterprise zone businesses beginning operations after June 30, 2010, and for contractors performing work after that date.

Removes exemptions for various special categories including: blind/deaf/disabled persons, aircraft service facilities, scientific contracts with the US, air pollution control facilities, shipbuilding, call centers, and housing projects.

Modifies tax treatment of certain wholesale sales and petroleum refining by imposing 0.5% tax rate instead of full exemption.

Takes effect July 1, 2010 and sunsets June 30, 2015, with most amended sections reverting to pre-act form upon repeal.