HI HB311

Establishes a general excise tax (GET) exemption for gross proceeds from sales of machinery, fuel, chemicals, seed, huli, animals, and feed to qualified kalo farmers directly related to kalo farming operations

Defines a "qualified farmer" as a person conducting kalo farming operations in Hawaii with annual gross income of at least $10,000 from kalo farming in the preceding tax year, or an average of $10,000 or more over the three preceding tax years

Directs the director of taxation to prepare necessary forms to claim the tax exemption and adopt rules pursuant to chapter 91 to implement the section

Effective June 30, 3000, and applies to taxable years beginning after December 31, 2023

Purpose is to provide economic incentives for existing and new kalo farmers to support sustainable agriculture and food independence in Hawaii