Establishes the Hawaii Farm TEAM Card Program to exempt qualified farmers from general excise tax on agricultural materials.

The bill establishes the Hawaii Farm TEAM Card Program, which exempts qualified farmers from the general excise tax on agricultural materials. The Department of Agriculture and Biodiversity will administer the program, while the Department of Taxation will enforce the tax exemptions. The program aims to support local agriculture by reducing input costs for farmers. The bill also mandates a comprehensive review of the program and requires a report to the legislature within five years of the Act's effective date.

Establishes the Hawaii Farm TEAM Card Program to exempt qualified farmers from general excise tax on agricultural materials.

The bill establishes the Hawaii Farm TEAM Card Program, which exempts qualified farmers from the general excise tax on agricultural materials. The Department of Agriculture and Biodiversity will administer the program, while the Department of Taxation will enforce the tax exemptions. The program aims to support local agriculture by reducing input costs for farmers. The bill also mandates a comprehensive review of the program and requires a report to the legislature within five years of the Act's effective date.