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HI SB1307

Bill

Official Source

Status

Introduced

1/29/2015

Primary Sponsor

Gil Riviere

Click for details

Origin

Senate

2015 Regular Session

AI Summary

  • Excludes up to $75,000 of income derived from kalo production from gross income, adjusted gross income, and taxable income for Hawaii state income tax purposes.

  • Amends Chapter 235 of the Hawaii Revised Statutes by adding a new section establishing the kalo production income exclusion.

  • Applies to taxable years beginning after December 31, 2014.

Legislative Description

Kalo Production; Income Tax Exemption

Last Action

Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

2/12/2015

Committee Referrals

Ways and Means2/12/2015
Agriculture2/2/2015

Full Bill Text

No bill text available