Loading chat...
HI HB728
Bill
Status
3/3/2017
Primary Sponsor
Henry Aquino
Click for details
AI Summary
-
Amends Section 237-24.3 of Hawaii Revised Statutes to change the term "agricultural commodities" to "agricultural products" in the general excise tax exemption for inter-island transportation.
-
Expands the definition of "agricultural products" to match the definition in Section 237-5, allowing the exemption to apply to a broader range of agricultural items.
-
Clarifies that "producer" shall be defined in the same manner as in Section 237-5, establishing consistent terminology across tax code provisions.
-
Effective July 1, 2017, and applies to taxable years beginning after December 31, 2017.
Legislative Description
Relating To Agriculture.
General Excise Tax
Last Action
Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
3/21/2017