Bill Text: HI SB817 | 2014 | Regular Session | Introduced

Hawaii Senate Bill 817 (Prior Session Legislation)

Introduced

Bill Title: General Excise Tax; Exemptions

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced - Dead) 2013-12-18 - Carried over to 2014 Regular Session. [SB817 Detail]

Download: Hawaii-2014-SB817-Introduced.html

THE SENATE	S.B. NO.	817
TWENTY-SEVENTH LEGISLATURE, 2013
STATE OF HAWAII

A BILL FOR AN ACT

RELATING TO GENERAL EXCISE TAX.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

SECTION 1. Chapter 237, Hawaii Revised Statutes, is amended by adding a new section to be appropriately designated and to read as follows:

"§237- Additional amounts not taxable; agricultural crops. (a) This chapter shall not apply to amounts received by persons or entities from the sale of supplies or equipment to producers of agricultural crops; provided that those persons or entities shall have registered with the department of taxation by filling out a written application for registration in such form as the department of taxation shall prescribe, shall have paid a registration fee of $ and annually thereafter, and shall have had the exemption approved by the department of taxation.

(b) This chapter shall not apply to amounts received by producers of agricultural crops from the sale of those agricultural crops; provided that those producers of agricultural crops shall have registered with the department of taxation by filling out a written application for registration in such form as the department of taxation shall prescribe, shall have paid a registration fee of $ and annually thereafter, and shall have had the exemption approved by the department of taxation.

(c) For purposes of this section, a "producer of agricultural crops" means a farmer, of whatsoever size and whether or not a person or an entity."

SECTION 2. New statutory material is underscored.

SECTION 3. This Act, upon its approval, shall apply to gross income or gross proceeds received after December 31, 2013.

INTRODUCED BY:	_____________________________

Report Title:

General Excise Tax; Exemptions

Description:

Exempts amounts received from the sale of supplies or equipment to producers of agricultural crops and from the sale of agricultural crops from the GET.

The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.