| Measure Title: |
RELATING TO THE GENERAL EXCISE TAX.
|
| Report Title: |
General Excise Tax; Rate Reduction; Exemption; Groceries; Nonprescription Drugs
|
| 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.
|
| Companion: |
SB1576
|
| Package: |
None
|
| Current Referral: |
ECD/HLT, FIN
|
| Introducer(s): |
ICHIYAMA
|
| Act: |
|
| Sort by Date | | Status Text |
| 12/11/2023 | D | Carried over to 2024 Regular Session. |
| 1/30/2023 | H | Referred to ECD/HLT, FIN, referral sheet 3 |
| 1/25/2023 | H | Introduced and Pass First Reading. |
S = Senate |
H = House |
D = Data Systems |
$ = Appropriation measure |
ConAm = Constitutional Amendment
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HB1429