2024 Archives
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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: |
SB1576
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Package: |
None
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Current Referral: |
ECD/HLT, FIN
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Introducer(s): |
ICHIYAMA
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Act: |
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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
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