RELATING TO TAXATION.
Summary
Beginning 1/1/2031, increases the general excise tax to 4.5%. Doubles the amount of the refundable food/excise tax credit. Increase in tax credit applies to taxable years beginning after 12/31/2021.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2021
Committee Review
Floor Vote
Governor
Introduced Jan 27, 2021
Last action Dec 10, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
1
Feb 1, 2021
Committee
Referred to WAM.
upper
Jan 27, 2021
Introduced
Introduced.
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
BT
Brian T. Taniguchi
DDemocratic
Ask Maddy
·
AI policy assistant
Ask Maddy about SB 1266
Scope: HI
Hi! I can help you understand SB 1266. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline