HB 149 Hawaii House · 2023 Regular Session

RELATING TO TAX HAVEN ABUSE.

Summary

Requires corporations to include the income of all foreign subsidiaries to the State. Applies the State's apportionment formula to determine the share of reported profits subject to the appropriate tax. Effective 1/1/2023.

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2023

Committee Review

Floor Vote

Governor

Introduced Jan 17, 2023 Last action Jan 25, 2023

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Jan 25, 2023

Committee

Referred to ECD, FIN, referral sheet 1

lower

Jan 19, 2023

Introduced

Introduced and Pass First Reading.

lower

Jan 17, 2023

Introduced

Prefiled.

lower

12 primary · 2 co-sponsors

Sponsors

Role

Legislator

Party

State

District

Natalia Hussey-Burdick