HB 2702 Hawaii House · 2018 Regular Session

RELATING TO TAXATION.

Summary

Requires that real estate investment trusts file returns reporting their shareholders' pro rata shares of net income and net income attributable to this State. Provides for composite returns and requires withholding for those shareholders who do not agree to file returns or pay tax on their pro rata share of net income attributable to this State. Applies to taxable years beginning after 12/31/2018. (HB2702 HD1)

Bill status passed 3 of 5 stages cleared

Introduction

Jan 2018

Committee Review

Mar 2018

House Passage

Mar 2018

Senate Passage

Governor

Introduced Jan 24, 2018 Last action Mar 8, 2018

Floor votes

How they voted

This bill passed the House. No roll call record of that vote is available.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Mar 8, 2018

Committee

Referred to WAM.

upper

Mar 8, 2018

Introduced

Received from House (Hse. Com. No. 373).

upper

Mar 6, 2018

Lower · Passed

Passed Third Reading with none voting aye with reservations; Representative(s) Har, Tupola voting no (2) and none excused (0). Transmitted to Senate.

lower

Feb 8, 2018

Lower · Passed

The committees on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 12 Ayes: Representative(s) Luke, Cullen, Cachola, Fukumoto, Keohokalole, Kobayashi, Lowen, Todd, Yamashita; Ayes with reservations: Representative(s) DeCoite, Nakamura, Ward; Noes: none; and 3 Excused: Representative(s) Gates, Holt, Tupola.

lower

Jan 29, 2018

Committee

Referred to FIN, referral sheet 9

lower

Jan 24, 2018

Introduced

Introduced and Pass First Reading.

lower

1 primary · 0 co-sponsors