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HB 2134

RELATING TO GENERAL EXCISE TAX.

2026 Regular Session Introduced by Joe Gedeon

Hawaii HB 2134 proposes modifications to the state's general excise tax, affecting revenue and business operations; specific provisions pending committee review.

Referred to ECD, FIN, referral sheet 4
#exemption #get #lease #realproperty #smallbusinesses
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Bill Summary · HB 2134

Legislative bill overview

HB 2134 relates to Hawaii's general excise tax (GET), a broad-based tax on most goods and services in the state. The bill was introduced on January 26, 2026, and has recently been referred to the Economic Development and Finance committees. Specific provisions are not detailed in the available action history, so the exact nature of proposed changes remains unclear from these records alone.

Why is this important

Hawaii's general excise tax is a significant revenue source for the state and affects nearly all business transactions and consumer purchases. Any modifications to GET rates, exemptions, or application could impact state revenues, business operating costs, and consumer prices across the economy.

Potential points of contention

  • Revenue implications – Changes to GET could either reduce state revenues or increase tax burden on businesses and consumers, depending on the bill's specific provisions
  • Sectoral impacts – Certain industries may be targeted for new exemptions or higher rates, creating winners and losers in the business community
  • Regressive tax concerns – As a broad consumption tax, GET disproportionately affects lower-income households; modifications could amplify or mitigate this effect

Compiled from official sources — confirm details with the bill’s official record.

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