RELATING TO FARMS.
HB 1417 creates a tax exclusion for the first $50,000 of gross income earned by farmers, meaning this portion of their income would not be subject to state income tax. It directly affects individual farmers and farm businesses whose annual gross income falls below $50,000. The bill would take effect on July 1, 2030 (noting the provided date "7/1/3000" appears to be a typo for 2030). This provision represents a direct change to the state's income tax structure for qualifying agricultural income.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 23, 2025
Last action Feb 14, 2025
Maddy AI version diff · 1 comparison
What changed between versions
HB1417
→
HB1417_HD1
·
4 edits
MODERATE
The bill was reformatted from a standard legislative text to a Microsoft Word document template, but the substantive policy content remains identical. The core change is the addition of a new tax exclusion in Section 2(13) that exempts the first $50,000 of income earned by farmers from state income tax, intended to encourage young people to enter agriculture. The effective date was set to July 1, 3000 (likely a placeholder or error), with the tax exclusion applying to taxable years beginning after December 31, 2025.
Scope change
The bill's scope expanded by adding a new tax exemption category for farmers, while the formatting changed from plain text to a Word document template.
ELIGIBILITY
Added a new tax exclusion in Section 2(13) that exempts the first $50,000 of income earned by farmers from state income tax.
DEFINITION
Added new definitions for 'farm products' and 'farmer' in Section 2 to clarify eligibility criteria.
TIMELINE
Set the effective date to July 1, 3000 (likely a placeholder error), with the tax exclusion applying retroactively to taxable years beginning after December 31, 2025.
TECHNICAL
Changed document format from plain text to a Microsoft Word template with metadata headers and footers.
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
6
Key actions
1
Committee
3
Feb 14, 2025
Committee
Reported from AGR (Stand. Com. Rep. No. 635) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
lower
Feb 12, 2025
Lower · Passed
The committee on AGR recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 5 Ayes: Representative(s) Kahaloa, Kusch, Lowen, Perruso, Quinlan; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Ward.
lower
Jan 27, 2025
Committee
Referred to AGR, FIN, referral sheet 4
lower
Jan 23, 2025
Introduced
Introduced and Pass First Reading.
lower
6 primary · 1 co-sponsor
Sponsors
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