HI HB1502

Exempts 14 categories of healthy foods from Hawaii's general excise tax, including fresh fruits, vegetables, meat, poultry, seafood, dairy, eggs, honey, nuts, nut butters, seeds, chocolate, coffee, and water.

Applies the exemption to gross proceeds or income from the manufacture, production, packaging, and sale of these food items within the State.

Defines key terms such as "fresh" foods as those generally considered perishable whether or not packed in ice or cold storage, and "water" as drinking water with no added sugar or artificial sweeteners.

Establishes the stated purpose of reducing general excise tax impact on Hawaii residents while incentivizing healthy eating habits and promoting good health.

Effective date: July 31, 2150 (note: unusually distant future date).