HRS §39A-204

Special purpose revenue bonds are tax-exempt

This section says that special purpose revenue bonds issued under this part, and the income they earn, are free from state and county taxes. The only taxes that still apply are inheritance, transfer, and estate taxes.

everyone

The statute, as written — ‑204 Special purpose revenue bonds exempt from taxation

Special purpose revenue bonds and the income therefrom issued pursuant to this part shall be exempt from all state and county taxation except inheritance, transfer, and estate taxes.

Read the official text at capitol.hawaii.gov ↗as published Jan 6, 2026our copy taken Aug 20, 2026

LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.