Exempts development of homestead lots or housing for the Department of Hawaiian Home Lands from general excise and use taxes.
This bill amends Hawaii Revised Statutes to exempt any development of homestead lots or housing for the Department of Hawaiian Home Lands from general excise and use taxes. The exemption applies to activities related to planning, design, financing, or construction of new construction, moderate rehabilitation, or substantial rehabilitation projects. These projects must be developed under a government assistance program approved by the Department of Hawaiian Home Lands, under the sponsorship of a nonprofit organization providing home rehabilitation or new homes for families in need, or to.
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