Hawaii SB1534 amends tax laws to exempt diapers from taxation and impose a surcharge on luxury motor vehicles.
Hawaii SB1534 amends the state's tax laws by exempting the manufacture, production, packaging, and sale of diapers from taxation. It defines "diaper" as an absorbent garment that meets specific quality standards. The bill also imposes a surcharge on luxury motor vehicles, defined as those with a manufacturer's suggested retail price of $ or more, excluding certain vehicles like trucks, motorhomes, and authorized emergency vehicles. The surcharge is equal to fifty percent of the sum of all applicable taxes on luxury vehicles.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.