SB 3250 Hawaii Senate · 2022 Regular Session

RELATING TO TAXATION.

Summary

Establishes two additional marginal tax rates for joint filers whose income exceeds $10,000,000 and $25,000,000, head of households whose income exceeds $7,500,000 and $18,750,000, individuals whose income exceeds $5,000,000 and $12,500,000, and estates and trusts that have income exceeding $200,000 and $500,000, respectively. Establishes a working group within the Department of Taxation to develop a proposal for a state wealth tax. Takes effect on 7/30/2075. (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

Key actions

Committee

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 10, 2022

Committee

Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

upper

Feb 10, 2022

Committee

Reported from JDC (Stand. Com. Rep. No. 2221) 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, Acasio, Gabbard, Kim, Lee; Aye(s) with reservations: none ; 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 28, 2022

Committee

Referred to JDC, WAM.

upper

Jan 26, 2022

Introduced

Introduced.

upper

5 primary · 3 co-sponsors