HI SB3289 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Engrossed on February 20 2024 - 50% progression, died in committee
Action: 2024-04-09 - Recommitted to FIN with none voting no and none excused.
Pending: House Finance Committee
Text: Latest bill text (Amended) [HTML]
Status: Engrossed on February 20 2024 - 50% progression, died in committee
Action: 2024-04-09 - Recommitted to FIN with none voting no and none excused.
Pending: House Finance Committee
Text: Latest bill text (Amended) [HTML]
Summary
Amends the definition of Hawaii taxable estate to provide that the marital deduction under section 2056 of the Internal Revenue Code shall apply to the passage of any interest in property to any immediate family member. Amends the state generation-skipping transfer tax law to provide that a transfer to any immediate family member shall not be considered a distribution to a skip person, as defined in section 2613 of the Internal Revenue Code. Effective 7/1/3000. (HD1)
Title
Relating To Taxation.
Sponsors
Roll Calls
2024-02-13 - Senate - Senate Ways and Means: Passed, With Amendments (Y: 12 N: 0 NV: 0 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-04-09 | House | Recommitted to FIN with none voting no and none excused. |
| 2024-04-05 | House | Passed Second Reading as amended in HD 1; placed on the calendar for Third Reading with Representative(s) Aiu, Chun, Garrett, Kila, Sayama, Tam voting aye with reservations; Representative(s) Amato, Belatti, Cochran, Evslin, Ganaden, Hussey-Burdick, Kapela, Kobayashi, Lowen, Marten, Perruso, Poepoe voting no (12) and Representative(s) Gates, Souza excused (2). |
| 2024-04-05 | House | Reported from FIN (Stand. Com. Rep. No. 1784-24) as amended in HD 1, recommending passage on Second Reading and placement on the calendar for Third Reading. |
| 2024-04-03 | House | The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 14 Ayes: Representative(s) Yamashita, Kitagawa, Chun, Cochran, Garrett, Kahaloa, Kila, Lamosao, Morikawa, Nishimoto, Takenouchi; Ayes with reservations: Representative(s) Aiu, Kobayashi, Poepoe; Noes: none; and 2 Excused: Representative(s) Alcos, Ward. |
| 2024-04-01 | House | Bill scheduled to be heard by FIN on Wednesday, 04-03-24 2:15PM in House conference room 308 VIA VIDEOCONFERENCE. |
| 2024-03-07 | House | Referred to FIN, referral sheet 16 |
| 2024-02-21 | House | Pass First Reading |
| 2024-02-20 | House | Received from Senate (Sen. Com. No. 17) in amended form (SD 1). |
| 2024-02-20 | Senate | Passed Third Reading, as amended (SD 1). Ayes, 25; Aye(s) with reservations: none. Noes, 0 (none). Excused, 0 (none). Transmitted to House. |
| 2024-02-16 | Senate | 48 Hrs. Notice 02-20-24. |
| 2024-02-16 | Senate | Report adopted; Passed Second Reading, as amended (SD 1). |
| 2024-02-16 | Senate | Reported from WAM (Stand. Com. Rep. No. 2511) with recommendation of passage on Second Reading, as amended (SD 1) and placement on the calendar for Third Reading. |
| 2024-02-13 | Senate | The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 12 Aye(s): Senator(s) Dela Cruz, Moriwaki, Aquino, DeCoite, Inouye, Kanuha, Kidani, Kim, Lee, Shimabukuro, Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Hashimoto. |
| 2024-02-08 | Senate | The committee(s) on WAM has scheduled a public hearing on 02-13-24 10:00AM; Conference Room 211 & Videoconference. |
| 2024-01-29 | Senate | Referred to WAM. |
| 2024-01-26 | Senate | Passed First Reading. |
| 2024-01-24 | Senate | Introduced. |
Same As/Similar To
HB2652 (Same As) 2024-03-07 - Referred to WAM.
Subjects
Estate Tax
Generation-Skipping Transfer Tax
Immediate Family Members
Marital Deduction
Taxable Amount
Transferred Property
Generation-Skipping Transfer Tax
Immediate Family Members
Marital Deduction
Taxable Amount
Transferred Property
