RELATING TO A WEALTH ASSET TAX.
Summary
Establishes a wealth asset tax of one per cent of the state net worth of each individual taxpayer who holds $20,000,000 or more in assets in the State. Takes effect 7/30/75. (SD1)
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2022
Committee Review
Floor Vote
Governor
Introduced Jan 26, 2022
Last action Feb 18, 2022
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
9
Key actions
4
Committee
7
Feb 18, 2022
Upper · Passed
The committee on WAM deferred the measure.
upper
Feb 16, 2022
Upper · Passed
The committee(s) on WAM will hold a public decision making on 02-18-22 10:10AM; Conference Room 211 & Videoconference.
upper
Feb 14, 2022
Committee
Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
upper
Feb 14, 2022
Committee
Reported from JDC (Stand. Com. Rep. No. 2306) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
upper
Feb 4, 2022
Upper · Passed
The committee(s) on JDC recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in JDC were as follows: 6 Aye(s): Senator(s) Rhoads, Keohokalole, Gabbard, Lee; Aye(s) with reservations: Senator(s) Acasio, Kim ; 0 No(es): none; and 1 Excused: Senator(s) Fevella.
upper
Jan 31, 2022
Upper · Passed
The committee(s) on JDC has scheduled a public hearing on 02-04-22 9:30AM; Via Videoconference.
upper
Jan 26, 2022
Committee
Referred to JDC, WAM.
upper
Jan 26, 2022
Introduced
Introduced.
upper
5 primary · 6 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
BE
Bennette E. Misalucha
DDemocratic
P
Joy San Buenaventura
DDemocratic
P
Karl Rhoads
DDemocratic
P
Lynn DeCoite
DDemocratic
P
Stanley Chang
DDemocratic
Co
BT
Brian T. Taniguchi
DDemocratic
Co
Gilbert S.C. Keith-Agaran
DDemocratic
Co
Glenn Wakai
DDemocratic
Co
Kurt Fevella
RRepublican
Co
Michelle Kidani
DDemocratic
Co
RH
Rosalyn H. Baker
DDemocratic
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