summary
Introduced
01/23/2025
01/23/2025
In Committee
01/27/2025
01/27/2025
Crossed Over
Passed
Dead
Introduced Session
2025 Regular Session
Bill Summary
Exempts from the general excise tax, amounts received by a contractor for contracting work performed in a county having a population of more than one hundred twenty-five thousand but less than one hundred eighty-five thousand.
AI Summary
This bill modifies Hawaii's General Excise Tax law by adding a fourth exemption specifically for contractors licensed under chapter 444 who perform services as general engineering, general building, or specialty contractors in a county with a population between 125,000 and 185,000 residents. The bill would exempt the amounts these contractors receive for their services from general excise tax, which is a tax on business gross receipts in Hawaii. The exemption will apply to taxable years beginning after December 31, 2025, meaning it will take effect in the 2026 tax year. This change appears to be targeted at providing a tax break for contractors in a specific county size, potentially to support local construction businesses or stimulate economic development in mid-sized counties.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Carried over to 2026 Regular Session. (on 12/08/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=1215&year=2026 |
| State Bill Page | https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=1215&year=2025 |
| BillText | https://www.capitol.hawaii.gov/sessions/session2026/bills/HB1215_.HTM |
| BillText | https://www.capitol.hawaii.gov/sessions/session2025/bills/HB1215_.HTM |
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