HI HB1729 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Republican 5-0)
Status: Introduced on January 19 2024 - 25% progression, died in committee
Action: 2024-01-24 - Referred to FIN, referral sheet 1
Pending: House Finance Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 19 2024 - 25% progression, died in committee
Action: 2024-01-24 - Referred to FIN, referral sheet 1
Pending: House Finance Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Adjusts annually for tax years beginning on or after 1/1/2025, the income tax brackets, personal exemption amounts, standard deduction amounts, and the overall limitation on itemized deductions by a cost-of-living adjustment factor linked to the Urban Hawaii Consumer Price Index.
Title
Relating To Taxation.
Sponsors
| Rep. Gene Ward [R] | Rep. David Alcos [R] | Rep. Diamond Garcia [R] | Rep. Lauren Matsumoto [R] |
| Rep. Elijah Pierick [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2024-01-24 | House | Referred to FIN, referral sheet 1 |
| 2024-01-19 | House | Introduced and Pass First Reading. |
| 2024-01-18 | House | Pending introduction. |
Subjects
Hawaii State Sources
| Type | Source |
|---|---|
| Summary | https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=1729&year=2024 |
| Text | https://www.capitol.hawaii.gov/sessions/session2024/bills/HB1729_.HTM |
