The bill proposes amending Hawaii Revised Statutes to introduce a qualified farm food donation tax credit, which allows farms to claim a credit against their net income tax liability based on the wholesale value of the food donated. There are restrictions in place, such as a maximum cap on total credits claimed and a limit on the total credits per county each year. This approach aims not only to support starving families but also to promote the consumption of locally produced foods and to enhance local food security efforts.
House Bill 619 aims to address food insecurity in Hawaii by establishing a tax credit for qualified farms that donate food products or prepared foods to food banks and pantries. This legislation comes in response to a significant increase in food insecurity, particularly during the COVID-19 pandemic, which saw a 51% increase in households facing hunger. The bill highlights the necessity for collaboration between local farms and hunger relief organizations to assist families in need while also reducing food waste within the agricultural sector.
The overall sentiment around HB619 appears to be positive among legislators and advocacy groups focused on food security. Proponents commend the bill for its potential to mitigate hunger and advocate for local agriculture. However, some concerns may arise regarding the administrative aspects of the tax credit program and the capacity of the farms to continue donating amid operational costs and challenges. The sentiment appears to support the intricate balance between local food production and addressing critical community needs.
While the bill has garnered support for its objectives, there are notable discussions surrounding the framework of the tax credit itself, particularly concerning implementation logistics and the accurate assessment of food donations. Critics may voice concerns over whether the tax incentive is enough to motivate farms to participate consistently and whether it adequately addresses the systemic issues of food accessibility that prevail in the community. The efficacy of the bill will largely depend on its execution and the engagement of local farming operations.