REPORT TITLE:
Waste Disposal Facilities


DESCRIPTION:
Exempts the cost of construction and materials of any zero
emission waste facility built over the next two years from
general excise taxes.

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                                        2312
HOUSE OF REPRESENTATIVES                H.B. NO.           
TWENTIETH LEGISLATURE, 2000                                
STATE OF HAWAII                                            
                                                             
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                   A  BILL  FOR  AN  ACT

RELATING TO WASTE DISPOSAL FACILITIES.



BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

 1      SECTION 1.  The legislature finds that it is in the public
 
 2 interest to encourage the private development of waste processing
 
 3 facilities that convert waste materials into usable goods, and
 
 4 remove all of these waste materials from the waste stream.  
 
 5      The legislature further finds that the exemption of such an
 
 6 enterprise from the general excise tax would be an effective way
 
 7 to encourage its completion, and would therefore also be in the
 
 8 public interest and would promote public health, safety, and the
 
 9 general welfare of the State.
 
10      SECTION 2.  Chapter 237, Hawaii Revised Statutes, is amended
 
11 by adding a new section to be appropriately designated and to
 
12 read as follows:
 
13      "237-       Exemption for waste processing facilities.  
 
14      (a)  There shall be exempted from, and excluded from the
 
15 measure of, the taxes imposed in this chapter, all of the gross
 
16 proceeds arising from, and all of the amount of tangible personal
 
17 property furnished in conjunction with the construction,
 
18 reconstruction, or erection of a waste processing facility.
 

 
Page 2                                                     2312
                                     H.B. NO.           
                                                        
                                                        

 
 1      (b) As used in this section, "waste processing facility"
 
 2 means a new, identifiable facility that is used to convert waste
 
 3 materials into usable goods, with no associated noxious or
 
 4 otherwise harmful emissions."
 
 5      SECTION 3.  New statutory material is underscored.
 
 6      SECTION 4.  This Act shall take effect on July 1, 2000, and
 
 7 shall be repealed on July 1, 2002.
 
 8 
 
 9                       INTRODUCED BY:  ___________________________