HI SB55 | 2024 | Regular Session
Note: Carry Over of previous SB55
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Engrossed on March 7 2023 - 50% progression
Action: 2023-12-11 - Carried over to 2024 Regular Session.
Pending: House Economic Development Committee
Text: Latest bill text (Amended) [HTML]
Status: Engrossed on March 7 2023 - 50% progression
Action: 2023-12-11 - Carried over to 2024 Regular Session.
Pending: House Economic Development Committee
Text: Latest bill text (Amended) [HTML]
Summary
Increases the income thresholds and credit amounts of the income tax credit for low-income household renters by using tax brackets for individuals and different categories of households. Annually adjusts the income thresholds and credit amounts for inflation, based on the consumer price index. Effective 7/1/2050. (SD2)
Title
Relating To Tax Credits.
Sponsors
| Sen. Karl Rhoads [D] |
Roll Calls
2023-02-22 - Senate - Senate Ways and Means: Passed, With Amendments (Y: 13 N: 0 NV: 0 Abs: 0) [PASS]
2023-01-31 - Senate - Senate Housing: Passed, With Amendments (Y: 5 N: 0 NV: 0 Abs: 0) [PASS]
2023-01-31 - Senate - Senate Housing: Passed, With Amendments (Y: 5 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2023-12-11 | Carried over to 2024 Regular Session. | |
| 2023-03-09 | House | Referred to ECD/HSG, FIN, referral sheet 17 |
| 2023-03-09 | House | Pass First Reading |
| 2023-03-07 | House | Received from Senate (Sen. Com. No. 67) in amended form (SD 2). |
| 2023-03-07 | Senate | Report adopted; Passed Third Reading, as amended (SD 2). Ayes, 24; Aye(s) with reservations: none . Noes, 0 (none). Excused, 1 (Senator(s) Fukunaga). Transmitted to House. |
| 2023-03-03 | Senate | 48 Hrs. Notice 03-07-23. |
| 2023-03-03 | Senate | Reported from WAM (Stand. Com. Rep. No. 1036) with recommendation of passage on Third Reading, as amended (SD 2). |
| 2023-02-22 | Senate | The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 13 Aye(s): Senator(s) Dela Cruz, Keith-Agaran, Aquino, DeCoite, Inouye, Kanuha, Kidani, Kim, Lee, Moriwaki, Shimabukuro, Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none. |
| 2023-02-16 | Senate | The committee(s) on WAM will hold a public decision making on 02-22-23 10:00AM; Conference Room 211 & Videoconference. |
| 2023-02-13 | Senate | Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM. |
| 2023-02-13 | Senate | Reported from HOU (Stand. Com. Rep. No. 190) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM. |
| 2023-01-31 | Senate | The committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HOU were as follows: 5 Aye(s): Senator(s) Chang, Kanuha, Aquino, Rhoads, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none. |
| 2023-01-27 | Senate | The committee(s) on HOU has scheduled a public hearing on 01-31-23 1:00PM; Conference Room 225 & Videoconference. |
| 2023-01-20 | Senate | Referred to HOU, WAM. |
| 2023-01-18 | Senate | Introduced and passed First Reading. |
| 2023-01-14 | Senate | Pending Introduction. |
Same As/Similar To
SB55 (Carry Over) 2023-03-09 - Referred to ECD/HSG, FIN, referral sheet 17
