HI HB1151 | 2022 | Regular Session
Note: Carry Over of previous HB1151
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 27 2021 - 25% progression, died in committee
Action: 2021-12-10 - Carried over to 2022 Regular Session.
Pending: House Agriculture Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 27 2021 - 25% progression, died in committee
Action: 2021-12-10 - Carried over to 2022 Regular Session.
Pending: House Agriculture Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Requires the agribusiness development corporation to lease agricultural land under its control at the rate of $1 per year until use of the land has resulted in a profit, at which time an annual supplemental lease rent equivalent to an unspecified percentage of the net profit derived from sales of agricultural products produced on the leased land becomes applicable. Exempts a producer of agricultural products from payment of excise tax on the amounts received from sales of agricultural products produced on the leased land.
Title
Relating To Agriculture.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2021-12-10 | Carried over to 2022 Regular Session. | |
2021-02-01 | House | Referred to AGR, FIN, referral sheet 3 |
2021-01-27 | House | Introduced and Pass First Reading. |
2021-01-26 | House | Pending introduction. |
Same As/Similar To
HB1151 (Carry Over) 2021-02-01 - Referred to AGR, FIN, referral sheet 3
Subjects
Agribusiness Development Corporation
Agricultural Products
Agriculture
General Excise Tax Exemption
Land Leases
Agricultural Products
Agriculture
General Excise Tax Exemption
Land Leases
Hawaii State Sources
Type | Source |
---|---|
Summary | https://www.capitol.hawaii.gov/measure_indiv.aspx?billtype=HB&billnumber=1151&year=2022 |
Text | https://www.capitol.hawaii.gov/session2022/bills/HB1151_.HTM |