Legislature Votes To Exempt Fuel With Ethanol From G.E.T.

The Legislature voted Thursday to exempt the sale of fuel containing ethanol from the general excise tax. Pump prices could drop by 10 cents or more beginning July 1.
The Senate vote was unanimous, save one Republican who voted "no." The House vote was unanimous as well, with one Democrat in opposition.
Gov. Linda Lingle has said she supports the exemption, which expired Dec. 31. It's estimated the tax exemption will save consumers $30 million annually. Motor fuel in Hawaii contains at least 10 percent ethanol.
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