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HI HB482

Bill

Official Source

Status

Engrossed

3/5/2013

Primary Sponsor

Jessica Wooley

Click for details

Origin

House of Representatives

2013 Regular Session

AI Summary

  • Limits the agricultural tax credit for important agricultural lands by removing the ability to deduct legal services expenditures from taxable income
  • Eliminates deductions for legal services related to obtaining or retaining sufficient water for agricultural activities
  • Eliminates deductions for legal services related to retaining the right to farm on important agricultural lands
  • Earthjustice testified in support; the Land Use Research Foundation of Hawaii opposed the measure
  • Committee on Finance recommended passage

Legislative Description

Important Agricultural Land; Tax Credit; Qualified Agricultural Costs

Last Action

Referred to AGL/JDL, WAM.

3/7/2013

Committee Referrals

Agriculture3/7/2013
Finance2/15/2013
Agriculture1/22/2013

Full Bill Text

No bill text available