Report Title:

Counties; General Excise Tax Exemption

Description:

Exempts counties from the general excise tax.

THE SENATE

S.B. NO.

1169

TWENTY-SECOND LEGISLATURE, 2003

 

STATE OF HAWAII

 


 

A BILL FOR AN ACT

 

relating to exempting counties from 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- Exemption of sales and gross proceeds of sales to the county governments. Sales and gross proceeds of sales to the counties shall be exempted from, and excluded from the measure of, the taxes imposed by this chapter."

SECTION 2. New statutory material is underscored.

SECTION 3. This Act shall take effect on July 1, 2003.

INTRODUCED BY:

_____________________________

By Request