HI HB2107 | 2022 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 26 2022 - 25% progression, died in committee
Action: 2022-02-15 - Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) McKelvey excused (1).
Pending: House Finance Committee
Text: Latest bill text (Amended) [HTML]

Summary

Ensures that the $2,000,000 franchise tax payment is credited in full to the compliance resolution fund for use by the division of financial institutions. Specifies that if franchise tax collections are insufficient, the difference will be derived from income tax collections. Clarifies that franchise tax revenues in excess of $2,000,000 shall be deposited into the general fund. Effective 1/1/2050. (HD1)

Tracking Information

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Title

Relating To Franchise Tax.

Sponsors


Roll Calls

2022-02-08 - House - House Consumer Protection & Commerce: Passed, With Amendments (Y: 11 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2022-02-15HousePassed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) McKelvey excused (1).
2022-02-15HouseReported from CPC (Stand. Com. Rep. No. 341-22) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
2022-02-08HouseThe committees on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 11 Ayes: Representative(s) Johanson, Kitagawa, Aquino, Har, Hashem, Kong, Mizuno, Morikawa, Onishi, Tarnas, Matsumoto; Ayes with reservations: none; Noes: none; and Excused: none.
2022-02-04HouseBill scheduled to be heard by CPC on Tuesday, 02-08-22 2:00PM in House conference room 329 Via Videoconference.
2022-01-28HouseReferred to CPC, FIN, referral sheet 3
2022-01-26HouseIntroduced and Pass First Reading.
2022-01-24HousePending introduction.

Same As/Similar To

SB3075 (Same As) 2022-06-17 - Act 072, on 06/17/2022 (Gov. Msg. No. 1172).

Subjects


Hawaii State Sources


Bill Comments

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