REPORT TITLE:
GET; Food Exemption


DESCRIPTION:
Exempts food purchases from the general excise tax.

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                                        
HOUSE OF REPRESENTATIVES                H.B. NO.40         
TWENTIETH LEGISLATURE, 1999                                
STATE OF HAWAII                                            
                                                             
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                   A  BILL  FOR  AN  ACT

RELATING TO THE GENERAL EXCISE TAX.



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

 1      SECTION 1.  Chapter 237, Hawaii Revised Statutes, is amended
 
 2 by adding a new section to be appropriately designated and to
 
 3 read as follows:
 
 4      "237-    Exemption of the retail sale of food.  (a)  There
 
 5 shall be exempted from, and excluded from the measure of, the
 
 6 taxes imposed by this chapter all of the gross proceeds arising
 
 7 from the retail sale of food in this State.
 
 8      (b)  As used in this section, "food" has the meanings set
 
 9 forth in 7 U.S.C. 2012(g)(1) to (5), (7), and (8) including any
 
10 food or food products for home consumption and seeds and plants
 
11 used in gardens to produce food for household consumption."
 
12      SECTION 2.  New statutory material is underscored.
 
13      SECTION 3.  This Act, upon its approval, shall apply to
 
14 taxable years beginning after December 31, 1999.
 
15 
 
16                           INTRODUCED BY:  _______________________