HI SB1117 | 2024 | Regular Session
Note: Carry Over of previous SB1117
Status
Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on January 20 2023 - 25% progression
Action: 2023-12-11 - Carried over to 2024 Regular Session.
Pending: Senate Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 20 2023 - 25% progression
Action: 2023-12-11 - Carried over to 2024 Regular Session.
Pending: Senate Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Requires that income tax credits established or renewed after 12/31/2023 include a five-year sunset or an annual one-third reduction beginning with the sixth year of the credit.
Title
Relating To Tax Credits.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2023-12-11 | Carried over to 2024 Regular Session. | |
| 2023-01-27 | Senate | Referred to WAM. |
| 2023-01-23 | Senate | Passed First Reading. |
| 2023-01-20 | Senate | Introduced. |
Same As/Similar To
HB561 (Same As) 2023-12-11 - Carried over to 2024 Regular Session.
SB1117 (Carry Over) 2023-01-27 - Referred to WAM.
SB1117 (Carry Over) 2023-01-27 - Referred to WAM.
Subjects
Hawaii State Sources
| Type | Source |
|---|---|
| Summary | https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=1117&year=2024 |
| Text | https://www.capitol.hawaii.gov/sessions/session2024/bills/SB1117_.HTM |
