Report Title:

General Excise Tax Exemption

Description:

Exempts from the GET certain convention, conference, and trade show fees.

THE SENATE

S.B. NO.

2396

TWENTY-SECOND LEGISLATURE, 2004

 

STATE OF HAWAII

 


 

A BILL FOR AN ACT

 

Relating to the 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 certain convention, conference, and trade show fees. There shall be exempted from the measure of taxes imposed by this chapter all of the value or gross income derived by a fraternal benefit, religious, charitable, scientific, educational, or other association or organization from:

(1) Convention, conference, or tradeshow registration fees;

(2) Fees for convention, conference, or trade show exhibit or display spaces;

(3) Fees for advertising and promotion at the convention, conference, or trade show, or in convention, conference, or trade show brochures; and

(4) Private contributions;

provided that the gross proceeds of sales by a vendor through the use of exhibit or display space at a conference, convention, or trade show shall be subject to the imposition of the general excise tax under section 237-13."

SECTION 2. New statutory material is underscored.

SECTION 3. This Act shall take effect on July 1, 2004.

INTRODUCED BY:

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