HI HB2368 | 2010 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on January 25 2010 - 25% progression, died in chamber
Action: 2010-02-04 - (H) The committee(s) recommends that the measure be deferred.
Text: Latest bill text (Introduced) [HTML]

Summary

Reduces the general excise tax liability of eligible businesses in the State by 10% for 4 years. Increases the general excise tax and use tax by 1% for 6 years. Increases the amount of the refundable food/general excise tax credit. Phases out the corporation income tax on corporations, regulated investment companies, and real estate investment trusts over 4 years by reducing the tax rate each year.

Tracking Information

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Title

Taxation; General Excise Tax; Refundable Food/General Excise Tax Credit; Corporation Income Tax

Sponsors


History

DateChamberAction
2010-02-04 (H) The committee(s) recommends that the measure be deferred.
2010-02-03 (H) Bill scheduled for decision making on Thursday, 02-04-10 11:00am in conference room 312.
2010-02-02 (H) The committee(s) recommends that the measure be deferred until 02-04-10.
2010-01-29 (H) Bill scheduled to be heard by EBM on Tuesday, 02-02-10 8:30 AM in House conference room 312.
2010-01-25 (H) Referred to EBM, FIN, referral sheet 5
2010-01-25 (H) Introduced and Pass First Reading.
2010-01-22 (H) Pending introduction.

Hawaii State Sources


Bill Comments

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