HI HB364

Establishes an annual five-day general excise tax exemption beginning Wednesday of the last full week in July through the following Sunday for specified items.

Exempts retail sales of books under $50, clothing items under $100, computers/software/supplies under $1,500 total, and school supplies under $15 per item from the general excise tax.

Prohibits exemption for commercial-use computer systems, furniture, bundled items, and out-of-state mail/phone/internet orders; requires sellers to pass all tax savings to purchasers without price increases.

Defines terms including "books" (bound volumes with ISBN), "clothing" (apparel and footwear), "computers" (systems with CPU, RAM, monitor, etc.), and "school supplies" (detailed 24-item list of student materials).

Effective July 1, 2112.