HB 2627 Hawaii House · 2020 Regular Session

RELATING TO TAXATION.

Summary

Provides that Chapter 1, Subchapter Z (with respect to opportunity zones), of the Internal Revenue Code shall not be operative for the purposes of state income tax law. Takes effect on 7/1/2112. Applies to tax years beginning after 12/31/2022. (HD1)

Bill status passed 3 of 5 stages cleared

Introduction

Jan 2020

Committee Review

Mar 2020

House Passage

Feb 2020

Senate Passage

Governor

Introduced Jan 23, 2020 Last action Mar 16, 2020

Floor votes · House Feb 27, 2020

How they voted

45–4

Passed · 2 other

Total votes 51

Feb 27, 2020

D Democratic45

43 Yea 2

95% Yea

R Republican5

1 Yea 4 Nay

80% Nay

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Mar 13, 2020

Upper · Passed

The committee(s) on WAM has scheduled a public hearing on 03-17-20 10:35AM in conference room 211.

upper

Mar 3, 2020

Committee

Referred to WAM.

upper

Feb 28, 2020

Introduced

Received from House (Hse. Com. No. 104).

upper

Feb 27, 2020

Lower · Passed

Passed Third Reading with Representative(s) Okimoto voting aye with reservations; Representative(s) Matsumoto, McDermott, Thielen, Ward voting no (4) and Representative(s) Cabanilla Arakawa, Kong excused (2). Transmitted to Senate.

lower

Feb 20, 2020

Lower · Passed

The committees on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 15 Ayes: Representative(s) Luke, Cullen, Eli, Gates, Holt, Kitagawa, B. Kobayashi, Nishimoto, Todd, Wildberger, Yamashita; Ayes with reservations: Representative(s) Hashimoto, Matayoshi, Nakamura, McDermott; Noes: none; and Excused: none.

lower

Feb 14, 2020

Committee

Reported from EDB (Stand. Com. Rep. No. 651-20) as amended in HD 1, recommending passage on Second Reading and referral to FIN.

lower

Feb 12, 2020

Lower · Passed

The committees on EDB recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 8 Ayes: Representative(s) McKelvey, Kitagawa, Eli, Ichiyama, Johanson, Quinlan, Yamashita, Matsumoto; Ayes with reservations: none; Noes: none; and Excused: none.

lower

Feb 7, 2020

Lower · Passed

The committee(s) on EDB recommend(s) that the measure be deferred until 02-12-20.

lower

Feb 5, 2020

Lower · Passed

The committee(s) on EDB recommend(s) that the measure be deferred until 02-07-20.

lower

Jan 30, 2020

Committee

Re-referred to EDB, FIN, referral sheet 9

lower

Jan 27, 2020

Committee

Referred to FIN, referral sheet 5

lower

Jan 23, 2020

Introduced

Introduced and Pass First Reading.

lower

2 primary · 0 co-sponsors