HI SB1190

Clarifies that imported contracting is subject to a 4% general excise tax, unless the contractor's gross proceeds are already subject to general excise tax.

Treats imported contracting consistently under both use tax and general excise tax laws to resolve existing confusion about tax treatment.

Exemption under section 238-2.3(1)(C), Hawaii Revised Statutes, limited to amounts contractors could have deducted for payments to subcontractors.

Department of Taxation provided testimony in support of the measure.