Measure Title: |
RELATING TO THE GENERAL EXCISE TAX.
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Report Title: |
General Excise Tax; Rate Reduction; Exemption; Groceries; Nonprescription Drugs
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Description: |
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.
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Companion: |
HB1429
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Package: |
None
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Current Referral: |
WAM
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Introducer(s): |
WAKAI, AQUINO, Kidani, San Buenaventura
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Act: |
|
Sort by Date | | Status Text |
2/3/2023 | S | Re-Referred to WAM. |
1/30/2023 | S | Referred to HHS, WAM. |
1/27/2023 | S | Passed First Reading. |
1/25/2023 | S | Introduced. |
S = Senate |
H = House |
D = Data Systems |
$ = Appropriation measure |
ConAm = Constitutional Amendment
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SB1576