Category Archives: General Excise (HRS 237)

SB 3007, SD-2

SUBJECT:  INCOME, GENERAL EXCISE, MISCELLANEOUS, Public Disclosure of Credit Recipients

BILL NUMBER:  SB 3007, SD-2

INTRODUCED BY: Senate Committee on Ways & Means

EXECUTIVE SUMMARY:   Requires the Department of Business, Economic Development, and Tourism to make a public disclosure identifying the names of the taxpayers who are receiving tax credits and the total amount of tax credit received for specific economic activities.

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HB 2448, HD-1

SUBJECT:  GENERAL EXCISE, Clarify Start of Affordable Housing Exemption

BILL NUMBER:  HB 2448, HD-1

INTRODUCED BY: House Committee on Housing

EXECUTIVE SUMMARY: Provides that an exemption from the general excise tax established by section 201H-36, Hawaii Revised Statutes, that has been approved by the Hawaii housing finance and development corporation shall be provided once the qualified person or firm has filed or recorded the regulatory agreement in land court or the bureau of conveyances, whichever is appropriate.  The bill might add clarity to the issue but might not be necessary because the HHFDC’s administrative rules already cover the ground.

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SB 3007, SD-1

SUBJECT:  INCOME, GENERAL EXCISE, MISCELLANEOUS, Public Disclosure of Credit Recipients

BILL NUMBER:  SB 3007, SD-1

INTRODUCED BY: Senate Committee on Energy, Economic Development, and Tourism

EXECUTIVE SUMMARY:   Requires the Department of Business, Economic Development, and Tourism to make a public disclosure identifying the names of the taxpayers who are receiving tax credits and the total amount of tax credit received for specific economic activities.

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HB 2578, HD-1

SUBJECT:  GENERAL EXCISE, Exemption for Redevelopment of Public Lands

BILL NUMBER:  HB 2578, HD-1

INTRODUCED BY: House Committee on Water, Land, & Hawaiian Affairs

EXECUTIVE SUMMARY:   Authorizes the designation of areas or regions of public lands classified as commercial, industrial, resort and hotel, and the establishment and implementation of guidelines for the redevelopment of the areas or regions. Designates the public lands on the Waiakea peninsula on the island of Hawaii as the Waiakea Peninsula Redevelopment District. Allows the Board of Land and Natural Resources to issue a rent reduction or waiver for certain lessees’ expenses for demolition or provision of basic infrastructure. Authorizes a local redevelopment agency to contract with a developer for construction of non-residential projects on public land within a redevelopment area. Exempts the costs of construction of work or improvements of a redevelopment project from general excise and use taxes. Takes effect upon the County of Hawaii repealing the Banyan Drive Hawaii redevelopment agency. Makes an appropriation.

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HB 1990, HD-2

SUBJECT: GENERAL EXCISE; State Improvement Surcharge

BILL NUMBER:  HB 1990, HD-2

INTRODUCED BY: House Committee on Transporation

EXECUTIVE SUMMARY: Permanently directs specified percentages of the general excise tax revenues to a new educational infrastructure special fund for the department of education and other entities responsible for school facilities to augment its capacity and infrastructure and to the department of transportation to protect the state highway system from the threat of inundation and damage caused by climate change. Directs specified percentages of revenues from a new, temporary state improvement surcharge to the foregoing purposes and to certain state funds. Takes effect on 7/1/2050.

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HB 1633, HD-1

SUBJECT:  GENERAL EXCISE, Exemption for Hearing Aids and Repair of Prosthetics

BILL NUMBER:  HB 1633, HD-1

INTRODUCED BY:  House Committee on Health

EXECUTIVE SUMMARY:  Exempts gross receipts from the sale of auditory devices, such as hearing aids, from the general excise tax. Amends the definition of “prosthetic device” to include hearing aids and devices worn on the body. Exempts gross receipts from the repair of prosthetic devices from the general excise tax.  Takes effect on 7/1/2050.

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HB 2430, HD-1

SUBJECT:  GENERAL EXCISE, Exemption for Feminine Hygiene Products

BILL NUMBER:  HB 2430, HD-1

INTRODUCED BY:  House Committee on Lower and Higher Education

EXECUTIVE SUMMARY:  Promotes menstrual equity by providing an exemption from the GET, beginning October 1, 2020, for the sale of feminine hygiene products in the State.  Appropriates funds to the DOE to make feminine hygiene products available to students for free on public secondary school campuses.  Takes effect on 7/1/2050.

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