Hawaii HB955 amends the general excise tax to exempt additional amounts.

Hawaii HB955 amends the general excise tax to exempt additional amounts, including rent for aircraft used in interstate air transportation, dues from unincorporated merchants associations, and amounts received by labor organizations for real property leased to them or their trust funds. It also exempts amounts received by employee benefit plans, nonprofit organizations, and amounts paid to the Department of Transportation. The bill takes effect upon approval.

Hawaii HB955 amends the general excise tax to exempt additional amounts.

Hawaii HB955 amends the general excise tax to exempt additional amounts, including rent for aircraft used in interstate air transportation, dues from unincorporated merchants associations, and amounts received by labor organizations for real property leased to them or their trust funds. It also exempts amounts received by employee benefit plans, nonprofit organizations, and amounts paid to the Department of Transportation. The bill takes effect upon approval.