Reduces general excise tax on groceries and nonprescription drugs in Hawaii.
Hawaii HB933 reduces the general excise tax on groceries and nonprescription drugs, effective January 1, 2026. The tax rate will be one-half percent less than the current rate. The bill aims to alleviate the financial burden on Hawaii residents, particularly those experiencing food insecurity. The Department of Business, Economic Development, and Tourism must conduct an economic cost-benefit analysis and submit a report to the legislature by December 1, 2026.
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