HI HB2653 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Engrossed on March 5 2024 - 50% progression, died in chamber
Action: 2024-04-16 - Received notice of Senate conferees (Sen. Com. No. 683).
Text: Latest bill text (Amended) [HTML]
Status: Engrossed on March 5 2024 - 50% progression, died in chamber
Action: 2024-04-16 - Received notice of Senate conferees (Sen. Com. No. 683).
Text: Latest bill text (Amended) [HTML]
Summary
Conforms Hawaii estate tax laws to the operative provisions of the Internal Revenue Code to decrease the burden on taxpayers and increase efficiencies in the Department of Taxation's monitoring and auditing of estate tax returns. Establishes an estate tax deduction for the value of closely held business interests that will help ensure that locally-owned family businesses can continue to contribute to the Hawaii economy and assist families to retain the ownership interest in their family businesses. Effective 7/1/3000. (SD1)
Title
Relating To The Estate Tax.
Sponsors
Roll Calls
2024-04-05 - Senate - Senate Ways and Means: Passed, Unamended (Y: 11 N: 0 NV: 0 Abs: 2) [PASS]
2024-03-19 - Senate - Senate Commerce and Consumer Protection: Passed, With Amendments (Y: 4 N: 0 NV: 0 Abs: 1) [PASS]
2024-03-19 - Senate - Senate Commerce and Consumer Protection: Passed, With Amendments (Y: 4 N: 0 NV: 0 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-04-16 | House | Received notice of Senate conferees (Sen. Com. No. 683). |
| 2024-04-16 | Senate | Senate Conferees Appointed: Keohokalole Chair; Kim Co-Chair; Richards, Awa. |
| 2024-04-12 | Senate | Received notice of disagreement (Hse. Com. No. 731). |
| 2024-04-11 | House | House disagrees with Senate amendment (s). |
| 2024-04-09 | House | Returned from Senate (Sen. Com. No. 655) in amended form (SD 1). |
| 2024-04-09 | Senate | Report Adopted; Passed Third Reading. Ayes, 23; Aye(s) with reservations: Senator(s) Shimabukuro. Noes, 2 (Senator(s) Chang, Rhoads). Excused, 0 (none). Transmitted to House. |
| 2024-04-05 | Senate | One Day Notice 04-09-24. |
| 2024-04-05 | Senate | Reported from WAM (Stand. Com. Rep. No. 3818) with recommendation of passage on Third Reading. |
| 2024-04-05 | Senate | The committee(s) on WAM recommend(s) that the measure be PASSED, UNAMENDED. The votes in WAM were as follows: 11 Aye(s): Senator(s) Dela Cruz, Moriwaki, Aquino, DeCoite, Hashimoto, Inouye, Kanuha, Kim, Lee, Shimabukuro, Wakai; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Kidani, Fevella. |
| 2024-04-04 | Senate | The committee(s) on WAM will hold a public decision making on 04-05-24 10:20AM; CR 211 & Videoconference. |
| 2024-04-04 | Senate | Public notice requirement waived pursuant to Senate Rule 21. |
| 2024-03-22 | Senate | Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM. |
| 2024-03-22 | Senate | Reported from CPN (Stand. Com. Rep. No. 3288) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM. |
| 2024-03-19 | Senate | The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 4 Aye(s): Senator(s) Keohokalole, Fukunaga, Richards; Aye(s) with reservations: Senator(s) McKelvey ; 0 No(es): none; and 1 Excused: Senator(s) Awa. |
| 2024-03-14 | Senate | The committee(s) on CPN deferred the measure until 03-19-24 9:45AM; Conference Room 229. |
| 2024-03-08 | Senate | The committee(s) on CPN has scheduled a public hearing on 03-14-24 9:30AM; CR 229 & Videoconference. |
| 2024-03-07 | Senate | Referred to CPN, WAM. |
| 2024-03-07 | Senate | Passed First Reading. |
| 2024-03-07 | Senate | Received from House (Hse. Com. No. 425). |
| 2024-03-05 | House | Passed Third Reading with Representative(s) Belatti voting aye with reservations; Representative(s) Ganaden, Hussey-Burdick, Kapela, Kila, Perruso, Poepoe voting no (6) and Representative(s) Cochran, Woodson excused (2). Transmitted to Senate. |
| 2024-03-01 | House | Passed Second Reading as amended in HD 1; placed on the calendar for Third Reading with Representative(s) Belatti voting aye with reservations; Representative(s) Hussey-Burdick, Kapela, Perruso, Poepoe voting no (4) and Representative(s) Cochran, Ichiyama, Matayoshi, Quinlan, Woodson excused (5). |
| 2024-03-01 | House | Reported from FIN (Stand. Com. Rep. No. 751-24) as amended in HD 1, recommending passage on Second Reading and placement on the calendar for Third Reading. |
| 2024-02-27 | House | The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 15 Ayes: Representative(s) Yamashita, Kitagawa, Chun, Garrett, Kahaloa, Morikawa, Nishimoto, Takenouchi, Alcos, Ward; Ayes with reservations: Representative(s) Aiu, Kila, Kobayashi, Lamosao, Poepoe; Noes: none; and 1 Excused: Representative(s) Cochran. |
| 2024-02-23 | House | Bill scheduled to be heard by FIN on Tuesday, 02-27-24 10:00AM in House conference room 308 VIA VIDEOCONFERENCE. |
| 2024-01-26 | House | Referred to FIN, referral sheet 3 |
| 2024-01-24 | House | Introduced and Pass First Reading. |
| 2024-01-23 | House | Pending introduction. |
Same As/Similar To
SB3345 (Same As) 2024-02-16 - Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
