HB 1507 Hawaii House · 2022 Regular Session

RELATING TO TAX FAIRNESS.

Summary

Increases the tax rate on capital gains. Makes the state earned income tax credit refundable and permanent. Applies to taxable years beginning after December 31, 2022. Effective 7/1/2050. (HD1)

Bill status passed 3 of 5 stages cleared

Introduction

Jan 2022

Committee Review

Mar 2022

House Passage

Mar 2022

Senate Passage

Governor

Introduced Jan 18, 2022 Last action Mar 11, 2022

Floor votes · House Mar 8, 2022

How they voted

45–5

Passed

Total votes 50

Mar 8, 2022

D Democratic45

43 Yea 2 Nay

95% Yea

R Republican4

1 Yea 3 Nay

75% Nay

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Mar 11, 2022

Committee

Referred to WAM.

upper

Mar 10, 2022

Introduced

Received from House (Hse. Com. No. 244).

upper

Mar 8, 2022

Lower · Passed

Passed Third Reading as amended in HD 1 with Representative(s) Okimoto voting aye with reservations; Representative(s) Branco, Kong, Matsumoto, McDermott, Ward voting no (5) and none excused (0). Transmitted to Senate.

lower

Feb 28, 2022

Lower · Passed

The committees on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 13 Ayes: Representative(s) Luke, Yamashita, Branco, Eli, Ilagan, B. Kobayashi, Marten, Nishimoto, Perruso, Sayama, Tam, Todd, Wildberger; Ayes with reservations: none; 1 Noes: Representative(s) McDermott; and 1 Excused: Representative(s) Holt.

lower

Feb 15, 2022

Committee

Reported from ECD (Stand. Com. Rep. No. 352-22), recommending passage on Second Reading and referral to FIN.

lower

Feb 9, 2022

Lower · Passed

The committees on ECD recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 7 Ayes: Representative(s) Quinlan, Holt, Belatti, D. Kobayashi, Sayama, Takayama; Ayes with reservations: Representative(s) Onishi; 1 Noes: Representative(s) Okimoto; and Excused: none.

lower

Jan 26, 2022

Committee

Referred to ECD, FIN, referral sheet 1

lower

Jan 19, 2022

Introduced

Introduced and Pass First Reading.

lower

Jan 18, 2022

Introduced

Prefiled.