HB 2780

RELATING TO TAXATION

By Representative(s) ARAKAKI / KAHIKINA

Report Title: GET; Income Tax; Pyramiding

Description: Eliminates personal income tax beginning 1/1/2001. Accelerates the de-pyramiding of the GET. Exempts food and health care services from general excise tax. Increases general excise tax rate from 4% to 8%.

 1-27-          H Introduced and passed First Reading                      
 1-31-          H Referred to the committees on 1. EDB 2. FIN ,
                  referral sheet 8