Hawaii House Bill HB1383

Hawaii 2023 Regular Session

• Introduced: 1/25/23
• Refer: 1/30/23
• Report Pass: 2/16/23
• Refer: 2/16/23
• Report Pass: 3/3/23
• Engrossed: 3/7/23
• Refer: 3/10/23
• Report Pass: 3/22/23
• Refer: 3/22/23

Caption

Relating To Agriculture.

Impact

If enacted, HB1383 would amend the Hawaii Revised Statutes to introduce an income tax credit incentivizing qualified taxpayers involved in the production of agricultural import replacements. The tax credit would allow for reimbursement of certain qualified expenses, aiming to encourage more local farmers to grow commodities that are otherwise imported. This law could result in diversified local agricultural practices, contributing to the state’s economic stability and promoting sustainability within the agriculture sector.

Summary

House Bill 1383, commonly referred to as the Agricultural Imports Replacement Act, seeks to strengthen local agriculture by establishing a task force aimed at identifying the top ten fruit and vegetable imports to Hawaii that can be cultivated locally. This initiative is part of a broader strategy to reduce dependency on imports by promoting domestic agricultural production. The bill emphasizes collaboration among various stakeholders, including representatives from the Department of Agriculture, educational institutions, and local economic development offices, to enhance the state's agricultural self-sufficiency.

Sentiment

The sentiment surrounding HB1383 appears to be favorable, particularly among agricultural stakeholders who view the legislation as a necessary step toward bolstering the economy and food security in Hawaii. Proponents argue that creating local substitutes for imported agriculture will not only benefit farmers but also enhance the quality of available products for consumers. However, there may be some concerns regarding the feasibility of cultivation practices and the actual implementation of the proposed tax credits.

Contention

Notable points of contention may arise over the specific fruits and vegetables selected by the task force and the criteria used to define 'qualified expenses' eligible for tax credits. Stakeholders might debate the appropriateness of the proposed tax limits and the sustainability of the agricultural practices promoted under this bill. Additionally, discussions around funding and resources necessary for the task force to effectively operate and meet its objectives may lead to further scrutiny in the legislative process.