HI HB1505 | 2022 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 11-0)
Status: Introduced on January 19 2022 - 25% progression, died in committee
Action: 2022-01-26 - Referred to ECD, FIN, referral sheet 1
Pending: House Economic Development Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 19 2022 - 25% progression, died in committee
Action: 2022-01-26 - Referred to ECD, FIN, referral sheet 1
Pending: House Economic Development Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Increases personal income tax revenues for high earning taxpayers by establishing new income tax brackets and rates that are applied against a broader level of taxable income for taxable years beginning after 12/31/2021. Increases the tax on capital gains. Increases the corporate income tax and establishes a single corporate income tax rate. Exempts unemployment payments from the State's personal income tax from 1/1/2022.
Title
Relating To Taxation.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2022-01-26 | House | Referred to ECD, FIN, referral sheet 1 |
2022-01-19 | House | Introduced and Pass First Reading. |
2022-01-18 | House | Prefiled. |
Same As/Similar To
SB2242 (Same As) 2022-02-02 - The committee on WAM deferred the measure.
Subjects
Hawaii State Sources
Type | Source |
---|---|
Summary | https://www.capitol.hawaii.gov/measure_indiv.aspx?billtype=HB&billnumber=1505&year=2022 |
Text | https://www.capitol.hawaii.gov/session2022/bills/HB1505_.HTM |