HB 2235

RELATING TO THE GENERAL EXCISE TAX

By Representative(s) FOX / PENDLETON; Abinsay, Auwae, Leong, Marumoto, McDermott, Schatz, Takumi

Report Title: General Excise Tax

Description: Makes it a deceptive trade practice for a business to represent that the amount of general excise tax due is in excess of the amount of tax payable by the business, and prohibits businesses that are subject to the 4% tax from passing on the "tax on tax" (0.166% in addition to the 4% tax rate) to their customers.

 1-25-00        H Introduced and passed First Reading                      
 1-26-00        H Referred to the committees on 1. EDB 2. CPC ,
                  referral sheet 6