Bill Text: HI HB1929 | 2014 | Regular Session | Amended
Bill Title: Agriculture; Farmers' Markets; General Excise Tax; Exemption
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Engrossed - Dead) 2014-03-14 - Report adopted; Passed Second Reading and referred to WAM. [HB1929 Detail]
Download: Hawaii-2014-HB1929-Amended.html
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HOUSE OF REPRESENTATIVES |
H.B. NO. |
1929 |
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TWENTY-SEVENTH LEGISLATURE, 2014 |
H.D. 2 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO FARMERS MARKETS.
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 for produce sold at farmers' markets. (a) There shall be exempted from, and excluded from the measure of, the taxes imposed by this chapter all of the gross proceeds or income arising from the sale at a farmers' market of produce that is intended for human consumption within the State.
This exemption shall not apply to sales of produce intended for human consumption outside of the State.
(b) For the purposes of this section:
"Farmers' market" means an outdoor market where independent business operators sell agricultural products grown in Hawaii and value-added products that were produced using agricultural products grown in Hawaii.
"Produce" means any fresh fruit or vegetable grown in the soil or hydroponically, regardless of whether organic, that is sold in the same general condition as when it was harvested."
SECTION 2. New statutory material is underscored.
SECTION 3. This Act shall take effect on July 1, 2030, and shall apply to gross income or gross proceeds received after December 31, 2013.
Report Title:
Agriculture; Farmers' Markets; General Excise Tax; Exemption
Description:
Defines the term "farmers' market". Exempts produce that is sold at farmers' markets for human consumption within the State from the general excise tax. Effective July 1, 2030. (HB1929 HD2)
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
