Action Alert |
Hearing on Proposed GET Increase Wednesday, April 6 in WAM Committee | |
The Senate Ways and Means Committee has scheduled a hearing on a bill that INCREASES THE GENERAL USE TAX as an option to raise revenue to balance the State's budget.
HB 793-Proposed SD1 is being heard on Wednesday, April 6 at 9:30 am in the auditorium at the State Capitol (Hearing Notice).
Please submit testimony by 7:00 a.m. on Wednesday, April 6. We also encourage you to attend the hearing.
HB 793, Proposed SD1, proposes to:
- Temporarily increase the GET and public service company tax rates by 1% from October 1, 2011, to September 30, 2013.
- Temporarily provides food and other tax credits. Effective July 1, 2011; repeals on June 30, 2015.
- Temporarily suspends tax exemptions for certain persons and certain amounts of gross income or proceeds from the GET and requires the payment of tax.
Go to this link to take ACTION NOW!
http://www.capwiz.com/hawaiichamber/issues/alert/?alertid=39273501&PROCESS=Take+Action
Mahalo,
Antya
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