| HI | SB2725 | Engross
50% | Reduces the pass-through entity level tax rate and allows the tax credit to be carried forward to subsequent years. Applies to taxable years beginning after 12/31/2023. Effective 7/1/3000. (HD1)
[Detail][Text][Discuss] | 2024-04-24
Conference committee meeting scheduled for 04-25-24 1:00PM; Conference Room 309. |
| HI | SCR158 | Engross
50% | Requesting The Department Of Taxation To Conduct A Study On Disallowing The Dividends Paid Deduction For Real Estate Investment Trusts.
[Detail][Text][Discuss] | 2024-04-05
To House Economic Development Committee |
| HI | SR134 | Intro
25% | Requesting The Department Of Taxation To Conduct A Study On Disallowing The Dividends Paid Deduction For Real Estate Investment Trusts.
[Detail][Text][Discuss] | 2024-03-20
To Senate Commerce and Consumer Protection Committee |
| HI | SB2528 | Intro
25% | Disallows dividends paid deduction for real estate investment trusts, except for real estate investment trusts that provide affordable housing in the State. Applies to taxable years beginning after 12/31/2024. Sunsets 12/31/2027.
[Detail][Text][Discuss] | 2024-02-06
To Senate Housing Committee |
| HI | SB3275 | Intro
25% | Increases the liquor tax and adjusts it for future inflation.
[Detail][Text][Discuss] | 2024-01-29
To Senate Commerce and Consumer Protection Committee |
| HI | SB3102 | Intro
25% | Extends the Hawaii Housing Finance and Development Corporation approval and certification period in which construction or rehabilitation of certain projects under section 201H-36(a)(5), HRS, can qualify for general excise tax (GET) exemption and repe...
[Detail][Text][Discuss] | 2024-01-26
To Senate Housing Committee |
| HI | SB2868 | Intro
25% | Establishes an online fantasy sports contests registration and monitoring program under the Department of the Attorney General. Imposes an online fantasy sports contests tax on the gross revenues of registrants. Establishes the Online Fantasy Sports ...
[Detail][Text][Discuss] | 2024-01-24
To Senate Judiciary Committee |
| HI | SB2807 | Intro
25% | Establishes an annual tax credit for qualified physicians who actively practice medicine in rural areas of the state.
[Detail][Text][Discuss] | 2024-01-24
To Senate Health and Human Services Committee |
| HI | SB669 | Engross
50% | Establishes regulations for the cultivation, manufacture, sale, and personal use of small amounts of cannabis. Decriminalizes and regulates small amounts of cannabis for personal use. Establishes taxes for cannabis sales. Takes effect 03/22/2075. (SD...
[Detail][Text][Discuss] | 2023-12-11
To House Judiciary & Hawaiian Affairs Committee |
| HI | SB986 | Intro
25% | Requires corporations to include the income of all foreign subsidiaries to the State. Applies the State's apportionment formula to determine the share of reported profits subject to the appropriate tax. Effective 1/1/2023.
[Detail][Text][Discuss] | 2023-12-11
To Senate Commerce and Consumer Protection Committee |
| HI | SB1146 | Intro
25% | Establishes an online fantasy sports contests registration and monitoring program under the Department of the Attorney General. Imposes an online fantasy sports contests tax on the gross revenues of registrants. Establishes the Online Fantasy Sports ...
[Detail][Text][Discuss] | 2023-12-11
To Senate Judiciary Committee |
| HI | SB357 | Intro
25% | Establishes a refundable state child tax credit payable on a monthly basis.
[Detail][Text][Discuss] | 2023-12-11
To Senate Health and Human Services Committee |
| HI | SB375 | Intro
25% | Establishes the Hawaii Cannabis Authority within the Department of Health to adopt rules to regulate responsible, adult-use of cannabis in the State. Establishes that possession of cannabis by an adult in the amount of four ounces or less without a p...
[Detail][Text][Discuss] | 2023-12-11
Carried over to 2024 Regular Session. |
| HI | SB441 | Intro
25% | Establishes an excise tax of 25 cents for e-liquid cartridges and fifteen per cent of the wholesale price of open system eliquid sold, used, or possessed by a wholesaler or dealer on or after 7/1/2023. Defines and amends related terms. Makes conformi...
[Detail][Text][Discuss] | 2023-12-11
To Senate Health and Human Services Committee |
| HI | SB359 | Intro
25% | Disallows dividends paid deduction for real estate investment trusts. Specifies that amounts collected from the disallowance be evenly divided and deposited into the dwelling unit revolving fund and rental housing revolving fund. Applies to taxable y...
[Detail][Text][Discuss] | 2023-12-11
To Senate Housing Committee |
| HI | SB345 | Intro
25% | Amends the exclusion amount of Hawaii's estate tax. Repeals exemption for tax imposed on transfer of taxable estate located in Hawaii for nonresidents and nonresidents who are not citizens. Applicable to decedents dying or taxable transfers occurring...
[Detail][Text][Discuss] | 2023-12-11
To Senate Ways and Means Committee |
| HI | SB1089 | Intro
25% | Establishes a tax credit for commercial property owners that make available parking spaces within the owners' parking lots for use by peer-to-peer car-sharing platforms. Applies to taxable years after 12/31/2022.
[Detail][Text][Discuss] | 2023-12-11
To Senate Transportation and Culture and the Arts Committee |
