HI HB1128

Exempts amounts received from the sale or use of aviation fuel from general excise and use taxes when the fuel is admitted into a foreign-trade zone and purchased by a common carrier for intrastate air transportation between two points in Hawaii.

Committee amended the bill by setting the effective date to July 1, 2050, to encourage further discussion of the measure.

Committee made technical, nonsubstantive amendments for clarity, consistency, and style.

One concerned individual testified in support; the Tax Foundation of Hawaii provided comments.

Committee recommends the bill pass Second Reading and be referred to the Committee on Economic Development & Business.