HI SB1576 | 2024 | Regular Session

Note: Carry Over of previous SB1576

Status

Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on January 25 2023 - 25% progression, died in committee
Action: 2023-12-11 - Carried over to 2024 Regular Session.
Pending: Senate Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Gradually reduces the general excise tax rate imposed on the retail sale of groceries and nonprescription medication over a period of four years until eliminated in calendar year 2027. Preserves the county surcharge on tax and the general excise tax on wholesales of groceries and nonprescription medication. Effective 1/1/2024.

Tracking Information

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Title

Relating To The General Excise Tax.

Sponsors


History

DateChamberAction
2023-12-11 Carried over to 2024 Regular Session.
2023-02-03SenateRe-Referred to WAM.
2023-01-30SenateReferred to HHS, WAM.
2023-01-27SenatePassed First Reading.
2023-01-25SenateIntroduced.

Same As/Similar To

HB1429 (Same As) 2023-12-11 - Carried over to 2024 Regular Session.
SB1576 (Carry Over) 2023-02-03 - Re-Referred to WAM.

Subjects


Hawaii State Sources


Bill Comments

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