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HI HB2466
Bill
Status
5/9/2022
Primary Sponsor
Stacelynn Eli
Click for details
AI Summary
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Exempts gross proceeds or income from the sale of unprocessed taro and taro-based value-added products (where taro is the primary ingredient) from the general excise tax under Chapter 237, Hawaii Revised Statutes.
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Exemption does not apply to bulk buyers, shippers of raw or value-added taro products, supermarkets, or big box stores.
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Defines "primary ingredient" as the ingredient with the highest percentage in a product and listed first on the product label.
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Takes effect upon approval and automatically repeals on June 30, 2027.
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Aims to support taro farmers' livelihoods, encourage new taro production to meet Hawaii's 2030 food production doubling goal, and reduce poi costs for local residents.
Legislative Description
Relating To Taro.
General Excise Tax
Last Action
Notice of intent to veto (Gov. Msg. No. 1216)
6/27/2022