HB 476

  • Hawaii House Bill
  • 2025 Regular Session
  • Introduced in House Mar 06, 2025
  • Passed House Mar 04, 2025
  • Senate
  • Governor

Relating To Capital Gains Tax.

Bill Subjects

Capital Gains Tax

Abstract

Amends the capital gains tax rate for individuals, estates, and trusts. Amends the alternative capital gains tax for corporations. Effective 7/1/2050. (SD1)

Bill Sponsors (4)

Votes


Actions


Apr 04, 2025

Senate

Recommitted to WAM.

Senate

Reported from WAM (Stand. Com. Rep. No. 1742) with recommendation of passage on Second Reading, as amended (SD 1) and placement on the calendar for Third Reading.

Apr 01, 2025

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, Moriwaki, Aquino, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Lee, C., Fevella; Aye(s) with reservations: Senator(s) Kim ; 0 No(es): none; and 2 Excused: Senator(s) DeCoite, Wakai.

Mar 28, 2025

Senate

The committee(s) on WAM deferred the measure until 04-01-25 10:00AM; Conference Room 211 & Videoconference.

Mar 25, 2025

Senate

The committee(s) on WAM has scheduled a public hearing on 03-28-25 10:00AM; Conference Room 211 & Videoconference.

Mar 06, 2025

Senate

Referred to WAM.

  • Referral-Committee
Ways and Means

Senate

Passed First Reading.

Senate

Received from House (Hse. Com. No. 246).

Mar 04, 2025

House

Passed Third Reading as amended in HD 2 with Representative(s) Kila, Lamosao, Miyake voting aye with reservations; Representative(s) Alcos, Amato, Garcia, Kong, Matsumoto, Muraoka, Reyes Oda, Shimizu, Souza voting no (9) and Representative(s) Pierick, Ward excused (2). Transmitted to Senate.

Feb 28, 2025

House

Forty-eight (48) hours notice Tuesday, 03-04-25.

House

Reported from FIN (Stand. Com. Rep. No. 1166) as amended in HD 2, recommending passage on Third Reading.

Feb 24, 2025

House

The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 13 Ayes: Representative(s) Yamashita, Takenouchi, Grandinetti, Holt, Hussey, Kitagawa, Kusch, Lee, M., Morikawa, Templo; Ayes with reservations: Representative(s) Keohokapu-Lee Loy, Lamosao, Miyake; 2 Noes: Representative(s) Alcos, Reyes Oda; and 1 Excused: Representative(s) Ward.

Feb 21, 2025

House

Bill scheduled to be heard by FIN on Monday, 02-24-25 10:00AM in House conference room 308 VIA VIDEOCONFERENCE.

Feb 12, 2025

House

Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with Representative(s) Amato voting aye with reservations; Representative(s) Alcos, Garcia, Kong, Matsumoto, Muraoka, Pierick, Reyes Oda, Shimizu voting no (8) and Representative(s) Cochran, Sayama, Ward excused (3).

  • Reading-2
  • Referral-Committee
Finance

House

Reported from ECD (Stand. Com. Rep. No. 498) as amended in HD 1, recommending passage on Second Reading and referral to FIN.

Jan 29, 2025

House

The committee on ECD recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Ilagan, Hussey, Holt, Tam, Templo, Todd; Ayes with reservations: Representative(s) Matsumoto; Noes: none; and Excused: none.

Jan 23, 2025

House

Bill scheduled to be heard by ECD on Wednesday, 01-29-25 10:00AM in House conference room 423 VIA VIDEOCONFERENCE.

Jan 21, 2025

House

Referred to ECD, FIN, referral sheet 2

  • Referral-Committee
Economic Development & Technology Finance

House

Introduced and Pass First Reading.

Jan 17, 2025

House

Pending introduction.

Bill Text

Bill Text Versions Format
HB476_SD1 PDF HTML
HB476_HD2 PDF HTML
HB476_HD1 PDF HTML
HB476 PDF HTML

Related Documents

Document Format
No related documents.

Sources

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