Bill Text: HI SB919 | 2022 | Regular Session | Introduced


Bill Title: Relating To General Excise Tax.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2021-12-10 - Carried over to 2022 Regular Session. [SB919 Detail]

Download: Hawaii-2022-SB919-Introduced.html

THE SENATE

S.B. NO.

919

THIRTY-FIRST LEGISLATURE, 2021

 

STATE OF HAWAII

 

 

 

 

 

 

A BILL FOR AN ACT

 

 

relating to 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 sales of advertisements by radio broadcasting stations.  There shall be exempted from, and excluded from the measure of, the taxes imposed by this chapter all of the gross proceeds arising from sales of advertisements by radio broadcasting stations."

     SECTION 2.  New statutory material is underscored.

     SECTION 3.  This Act shall take effect on July 1, 2021.

 

INTRODUCED BY:

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Report Title:

General Excise Tax; Exemption; Radio Broadcasting Stations; Advertisements

 

Description:

Exempts from the general excise tax the sales of advertisements by radio broadcasting stations.

 

 

 

The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.

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