HI SB575 | 2012 | Regular Session
Status
Spectrum: Moderate Partisan Bill (Democrat 4-1)
Status: Introduced on January 21 2011 - 25% progression, died in chamber
Action: 2011-12-01 - Carried over to 2012 Regular Session.
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 21 2011 - 25% progression, died in chamber
Action: 2011-12-01 - Carried over to 2012 Regular Session.
Text: Latest bill text (Introduced) [HTML]
Summary
Exempts the first $50,000 of taxable income received by a business that is either incorporated in Hawaii or functions as a pass-through entity that incurs a minimum percentage of operational expenses in this State during the tax year.
Title
Business Income Tax Exemption
Sponsors
| Sen. Carol Fukunaga [D] | Sen. Sam Slom [R] | Sen. Brian Taniguchi [D] | Sen. Jill Tokuda [D] |
| Sen. Shan Tsutsui [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2011-12-01 | Carried over to 2012 Regular Session. | |
| 2011-02-22 | (S) The committee on WAM deferred the measure. | |
| 2011-02-18 | (S) The committee(s) on WAM will hold a public decision making on 02-22-11 11:00AM in conference room 211. | |
| 2011-02-04 | (S) The committee(s) on WAM has scheduled a public hearing on 02-10-11 9:00AM in conference room 211. | |
| 2011-01-24 | (S) Referred to WAM. | |
| 2011-01-24 | (S) Passed First Reading. | |
| 2011-01-21 | (S) Introduced. |
Hawaii State Sources
| Type | Source |
|---|---|
| Summary | http://www.capitol.hawaii.gov/measure_indiv.aspx?billtype=SB&billnumber=575 |
| Text | http://www.capitol.hawaii.gov/session2012/Bills/SB575_.HTM |
