Hawaii SB2741 exempts locally grown food from the general excise tax to reduce costs and improve food security.

Hawaii SB2741 aims to phase in a general excise tax exemption for locally grown food. The bill exempts the value or gross proceeds from the sale of fresh, unprocessed produce and local proteins by farmers, ranchers, fishers, and agricultural producers. It also exempts the sale of these products by processors, wholesalers, and distributors, as well as retail sales for home consumption.

Hawaii SB2741 exempts locally grown food from the general excise tax to reduce costs and improve food security.

Hawaii SB2741 aims to phase in a general excise tax exemption for locally grown food. The bill exempts the value or gross proceeds from the sale of fresh, unprocessed produce and local proteins by farmers, ranchers, fishers, and agricultural producers. It also exempts the sale of these products by processors, wholesalers, and distributors, as well as retail sales for home consumption.