SB 2599

  • Hawaii Senate Bill
  • 2022 Regular Session
  • Introduced in Senate Apr 14, 2022
  • Passed Senate Mar 08, 2022
  • Passed House Apr 12, 2022
  • Governor

Relating To The Tax Credit For Research Activities.

Abstract

Adds a cap for the amount of tax credits for research activities that an eligible taxpayer and the taxpayer's related entities may receive per taxable year. Consolidates the survey and certification requirements for tax credits for research activities. Increases the annual aggregate cap on tax credits for research activities that the department of business, economic development, and tourism may certify. Requires certification of the tax credits for research activities on a first-come, first-served basis to be based on the date that a complete application is received, subject to certain conditions. Effective 10/18/2050. (HD2)

Bill Sponsors (10)

Votes


Actions


Apr 20, 2022

Senate

Received notice of appointment of House conferees (Hse. Com. No. 729).

House

House Conferees Appointed: Quinlan, Holt Co-Chairs; D. Kobayashi, Okimoto.

Apr 14, 2022

House

Received notice of disagreement (Sen. Com. No. 871).

Senate

Senate disagrees with House amendments.

Senate

Received from House (Hse. Com. No. 633).

Apr 12, 2022

House

Passed Third Reading as amended in HD 2 with none voting aye with reservations; none voting no (0) and none excused (0). Transmitted to Senate.

Apr 08, 2022

House

Forty-eight (48) hours notice Tuesday, 04-12-22.

House

Reported from FIN (Stand. Com. Rep. No. 2005-22) as amended in HD 2, recommending passage on Third Reading.

Apr 04, 2022

House

The committees on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 14 Ayes: Representative(s) Luke, Yamashita, Branco, Eli, Holt, Ilagan, B. Kobayashi, Marten, Nishimoto, Perruso, Sayama, Tam, Todd, Wildberger; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) McDermott.

Mar 31, 2022

House

Bill scheduled to be heard by FIN on Monday, 04-04-22 1:30PM in House conference room 308 Via Videoconference.

Mar 23, 2022

House

Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Kitagawa, Kong excused (2).

  • Reading-2
  • Referral-Committee
Finance

House

Reported from ECD (Stand. Com. Rep. No. 1246-22) as amended in HD 1, recommending passage on Second Reading and referral to FIN.

Mar 18, 2022

House

The committees on ECD recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 8 Ayes: Representative(s) Quinlan, Holt, Belatti, D. Kobayashi, Onishi, Sayama, Takayama, Okimoto; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none.

Mar 16, 2022

House

Bill scheduled to be heard by ECD on Friday, 03-18-22 10:30AM in House conference room 312 Via Videoconference.

Mar 10, 2022

House

Referred to ECD, FIN, referral sheet 24

  • Referral-Committee
Economic Development Finance

House

Pass First Reading

Mar 08, 2022

House

Received from Senate (Sen. Com. No. 261) in amended form (SD 1).

Senate

Passed Third Reading, as amended (SD 1). Ayes, 24; Aye(s) with reservations: none . Noes, 0 (none). Excused, 1 (Senator(s) Fevella). Transmitted to House.

Mar 04, 2022

Senate

48 Hrs. Notice 03-08-22.

Senate

Report adopted; Passed Second Reading, as amended (SD 1).

Senate

Reported from WAM (Stand. Com. Rep. No. 2966) with recommendation of passage on Second Reading, as amended (SD 1) and placement on the calendar for Third Reading.

Feb 22, 2022

Senate

The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 11 Aye(s): Senator(s) Dela Cruz, Keith-Agaran, Inouye, Kanuha, Kidani, Misalucha, Moriwaki, Shimabukuro, Taniguchi, Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

Feb 18, 2022

Senate

The committee(s) on WAM will hold a public decision making on 02-22-22 10:10AM; Conference Room 211 & Videoconference.

Feb 02, 2022

Senate

The committee on WAM deferred the measure.

Jan 27, 2022

Senate

The committee(s) on WAM has scheduled a public hearing on 02-02-22 10:00AM; CR 211 & Videoconference.

Jan 24, 2022

Senate

Referred to WAM.

  • Referral-Committee
Ways and Means

Senate

Passed First Reading.

Jan 21, 2022

Senate

Introduced.

Bill Text

Bill Text Versions Format
SB2599_SD1 PDF HTML
SB2599_HD2 PDF HTML
SB2599_HD1 PDF HTML
SB2599 PDF HTML

Related Documents

Document Format
No related documents.

Sources

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