| HI | HB2404 | Engross
50% | Increases the amounts for the income tax brackets and standard deduction amounts for tax year 2024. Adjusts annually for tax years beginning after 12/31/2024, the income tax brackets and standard deduction amounts by a cost-of-living adjustment facto...
[Detail][Text][Discuss] | 2024-04-26
[Hearing: Apr 26 @ 2:00 pm]
Received notice of change in Senate conferees (Sen. Com. No. 790). |
| HI | HB2484 | Engross
50% | Conforms Hawaii income and estate and generation-skipping transfer tax laws to the Internal Revenue Code of 1986, as amended as of 12/31/2023. Effective 7/1/3000. (SD1)
[Detail][Text][Discuss] | 2024-04-25
The Conference Committee recommends that the measure be Passed, with Amendments. The votes were as follows: 4 Ayes: Representative(s) Kitagawa, Lamosao, Yamashita, Ward; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none. |
| HI | HB1776 | Engross
50% | Amends income tax brackets. Temporarily amends the applicable percentage of the employment-related expenses for which the child and dependent care income tax credit may be claimed and permanently provides for a disallowance period when there is a fin...
[Detail][Text][Discuss] | 2024-03-21
To Senate Ways and Means Committee |
| HI | HB1049 | Engross
50% | Increases the applicable percentage of employment-related expenses that is used to calculate the amount of the child and dependent care tax credit. Increases the cap amount on employment-related expenses that may be used to claim the child and depend...
[Detail][Text][Discuss] | 2024-03-20
Received notice of all Senate conferees being discharged (Sen. Com. No. 340). |
| HI | SB3173 | Engross
50% | Conforms Hawaii income and estate and generation-skipping transfer tax laws to the Internal Revenue Code of 1986, as amended as of December 31, 2023.
[Detail][Text][Discuss] | 2024-03-07
To House Finance Committee |
| HI | HB2780 | Engross
50% | Incrementally amends income tax rates for every other taxable year beginning after 12/31/2026. Effective 1/1/3000. (HD1)
[Detail][Text][Discuss] | 2024-03-07
To Senate Ways and Means Committee |
| HI | HB2779 | Engross
50% | Incrementally increases the amount of the income tax standard deduction for taxable years beginning after December 31, 2023, through taxable years beginning after December 31, 2033. Effective 7/1/3000. (HD1)
[Detail][Text][Discuss] | 2024-03-07
To Senate Ways and Means Committee |
| HI | HB1572 | Intro
25% | Limits the exclusion from gross income to pensions received for past services provided in the State.
[Detail][Text][Discuss] | 2024-02-21
To House Finance Committee |
| HI | SB2432 | Intro
25% | Establishes a food manufacturer tax credit. Defines "qualified taxpayer" as a manufacturer that produces value-added processed, agricultural, or food products. Applies to taxable years beginning after 12/31/2024. (SD1)
[Detail][Text][Discuss] | 2024-02-16
To Senate Ways and Means Committee |
| HI | SB2117 | Intro
25% | Amends the definition of "preceptor" to include physician assistants, registered dietitians, and social workers. Amends the definition of "volunteer-based supervised clinical training rotation" to clarify that preceptors may be compensated for the pr...
[Detail][Text][Discuss] | 2024-02-02
To Senate Health and Human Services Committee |
| HI | SB3280 | Intro
25% | Increases the amounts for the income tax brackets and personal exemption and standard deduction amounts for tax year 2024. Adjusts annually for tax years beginning after 12/31/2024, the income tax brackets and personal exemption, and standard deducti...
[Detail][Text][Discuss] | 2024-01-29
To Senate Ways and Means Committee |
| HI | SB3093 | Intro
25% | Provides for re-computation of the amounts for standard deduction, itemized deduction, income tax brackets, and personal exemption each tax year, taking into account the cost-of-living adjustment factor. Adds a one-time adjustment to tax brackets. In...
[Detail][Text][Discuss] | 2024-01-26
To Senate Ways and Means Committee |
| HI | HB2734 | Intro
25% | Increases the capital gains tax for nonresident and foreign taxpayers. Increases the alternative capital gains tax for corporations for nonresident and foreign corporations.
[Detail][Text][Discuss] | 2024-01-26
To House Finance Committee |
| HI | SB1209 | Intro
25% | Conforms the amount allowable for the Hawaii expenses for household and dependent care services necessary for the gainful employment tax credit to the credit amounts allowed in the federal tax code. Applies to taxable years beginning after 12/31/22.
[Detail][Text][Discuss] | 2024-01-25
To Senate Health and Human Services Committee |
| HI | HB1618 | Intro
25% | Permanently excludes businesses within a federally designated opportunity zone from required unemployment insurance contributions and temporarily excludes those businesses from general excise and income tax for five years.
[Detail][Text][Discuss] | 2024-01-24
To House Economic Development Committee |
| HI | HB1700 | Intro
25% | Eliminates state income tax.
[Detail][Text][Discuss] | 2024-01-24
To House Finance Committee |
| HI | HB1729 | Intro
25% | Adjusts annually for tax years beginning on or after 1/1/2025, the income tax brackets, personal exemption amounts, standard deduction amounts, and the overall limitation on itemized deductions by a cost-of-living adjustment factor linked to the Urba...
[Detail][Text][Discuss] | 2024-01-24
To House Finance Committee |
| HI | HB1738 | Intro
25% | Directs the Department of Taxation, in consultation with the Department of Business, Economic Development, and Tourism, to study the feasibility of replacing the income and general excise taxes with a new retail sales tax or other tax. Requires the D...
[Detail][Text][Discuss] | 2024-01-24
To House Economic Development Committee |
| HI | SB2625 | Intro
25% | Permanently excludes businesses within a federally designated opportunity zone from required unemployment insurance contributions and temporarily excludes those businesses from general excise and income tax for five years.
[Detail][Text][Discuss] | 2024-01-24
To Senate Energy, Economic Development, and Tourism Committee |
| HI | SB1152 | Intro
25% | Establishes a landlord low-income tenant tax credit.
[Detail][Text][Discuss] | 2023-12-11
To Senate Health and Human Services Committee |
| HI | SB1210 | Intro
25% | Increases the refundable food/excise tax credit. Applies to taxable years beginning after 12/31/22.
[Detail][Text][Discuss] | 2023-12-11
To Senate Health and Human Services Committee |
| HI | SB1398 | Engross
50% | Conforms Hawaii income and estate and generation-skipping transfer tax laws to the Internal Revenue Code of 1986, as amended as of December 31, 2022. Effective 7/1/2050. (SD1)
[Detail][Text][Discuss] | 2023-12-11
To House Finance Committee |
| HI | SB171 | Intro
25% | Raises the state income tax rate by five per cent for taxpayers in the highest income bracket for six years. Applies to taxable years beginning after 12/31/22.
[Detail][Text][Discuss] | 2023-12-11
To Senate Ways and Means Committee |
| HI | HB389 | Intro
25% | Establishes a carbon sequestration income tax credit. Effective 7/1/3000. (HD2)
[Detail][Text][Discuss] | 2023-12-11
To House Finance Committee |
| HI | HB886 | Intro
25% | Eliminates the home mortgage interest deduction for second homes under Hawaii income tax law. Sunsets on 7/1/2028. Effective 6/30/3000. (HD1)
[Detail][Text][Discuss] | 2023-12-11
To House Finance Committee |
| HI | HB1121 | Engross
50% | Excludes from taxation one hundred per cent of the gain realized by a fee simple owner from the sale of a leased fee interest in units within a condominium project, cooperative project, or planned unit development to the association of apartment owne...
[Detail][Text][Discuss] | 2023-12-11
To Senate Commerce and Consumer Protection Committee |
| HI | SB1347 | Intro
25% | Adds new tax credit for teacher's expenses. Adds an inflation index for the income tax brackets, personal exemption amount and standard deduction amounts. Increases the amounts for the income tax brackets, personal exemption amount and standard deduc...
[Detail][Text][Discuss] | 2023-12-11
To Senate Education Committee |
| HI | SB1499 | Intro
25% | Exempts income derived from the business of taro cultivation or production of taro products from the income tax. Exempts from the general excise tax the gross proceeds or income received from the sale of any product resulting from the cultivation and...
[Detail][Text][Discuss] | 2023-12-11
To Senate Ways and Means Committee |
| HI | HB276 | Intro
25% | Establishes a nonrefundable 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. Effective 7/1/3000. (HD...
[Detail][Text][Discuss] | 2023-12-11
To House Consumer Protection & Commerce 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 |
| HI | SB361 | Intro
25% | Establishes a carbon sequestration income tax credit. Applicable to taxable years beginning after 12/31/2023.
[Detail][Text][Discuss] | 2023-12-11
To Senate Agriculture and Environment Committee |
| HI | HB1126 | Intro
25% | Increases the amount of the personal exemption for taxable income years beginning after 12/31/2023. Requires the personal exemption to be increased biannually based on any increase in the Consumer Price Index for All Urban Consumers for Honolulu for ...
[Detail][Text][Discuss] | 2023-12-11
To House Economic Development Committee |
| HI | HB1471 | Intro
25% | Clarifies that there is a presumption of a nexus for certain nonresident employees who telework. Amends the income tax law to apply to the total income of certain nonresident employees who telework. Effective 6/30/3000. (HD1)
[Detail][Text][Discuss] | 2023-12-11
To House Finance Committee |
| HI | HB1225 | Intro
25% | Establishes a landlord low-income tenant tax credit.
[Detail][Text][Discuss] | 2023-12-11
To House Housing Committee |
| HI | SB884 | Engross
50% | Excludes from taxation one hundred per cent of the gain realized by a fee simple owner from the sale of a leased fee interest in units within a condominium project, cooperative project, or planned unit development to the association of apartment owne...
[Detail][Text][Discuss] | 2023-12-11
To House Housing Committee |
| HI | SB924 | Engross
50% | Eliminates the home mortgage interest deduction for second homes under Hawaii income tax law. Effective 6/30/3000. (HD1)
[Detail][Text][Discuss] | 2023-12-11
To House Finance Committee |
| HI | HB337 | Intro
25% | Increases the capital gains tax threshold from 7.25 per cent to 9 per cent. Increases the alternative capital gains tax for corporations from 4 per cent to 5 per cent. Applies to tax years beginning after 12/31/2022. Effective 6/30/3000. (HD1)
[Detail][Text][Discuss] | 2023-12-11
To House Finance Committee |
| HI | SB142 | Intro
25% | Eliminates the mortgage interest deduction for second homes under Hawaii income tax law. Requires the Department of Taxation to calculate the savings and report the revenue gained to the Director of Finance by September 1 of each year.
[Detail][Text][Discuss] | 2023-12-11
To Senate Ways and Means Committee |
| HI | SB1116 | Intro
25% | Clarifies that there is a presumption of a nexus for certain nonresident employees who telework. Amends the income tax law to apply to the total income of certain nonresident employees who telework. Applies to taxable years beginning after 12/31/2022...
[Detail][Text][Discuss] | 2023-12-11
To Senate Labor and Technology Committee |
