Exempts construction rebuilding materials from the general excise tax for federally declared disaster areas in Hawaii.

The bill exempts purchases of construction rebuilding materials from the general excise tax for federally declared disaster areas in Hawaii. This exemption applies to materials purchased between July 1, 2025, and December 31, 2028, aiming to alleviate financial hardships and support timely reconstruction. The exemption does not apply to materials used for new construction unrelated to rebuilding or reconstruction, or for use outside the state.

Exempts construction rebuilding materials from the general excise tax for federally declared disaster areas in Hawaii.

The bill exempts purchases of construction rebuilding materials from the general excise tax for federally declared disaster areas in Hawaii. This exemption applies to materials purchased between July 1, 2025, and December 31, 2028, aiming to alleviate financial hardships and support timely reconstruction. The exemption does not apply to materials used for new construction unrelated to rebuilding or reconstruction, or for use outside the state.