RELATING TO TAX CREDITS.
Summary
Requires that income tax credits established or renewed after 12/31/2023 include a five-year sunset or an annual one-third reduction beginning with the sixth year of the credit. Effective 7/1/3000. (HD1)
Bill status
passed
3 of 5 stages cleared
Introduction
Jan 2023
Committee Review
Mar 2023
House Passage
Mar 2023
Senate Passage
Governor
Introduced Jan 20, 2023
Last action Mar 10, 2023
Floor votes
How they voted
This bill passed the House by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
14
Key actions
3
Committee
5
Mar 10, 2023
Committee
Referred to WAM.
upper
Mar 9, 2023
Introduced
Received from House (Hse. Com. No. 305).
upper
Mar 7, 2023
Lower · Passed
Passed Third Reading with none voting aye with reservations; Representative(s) Kapela, Ward voting no (2) and none excused (0). Transmitted to Senate.
lower
Mar 1, 2023
Lower · Passed
The committee on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 14 Ayes: Representative(s) Yamashita, Kitagawa, Aiu, Chun, Garrett, Kahaloa, Kila, Kobayashi, Lamosao, Morikawa, Nishimoto, Poepoe, Takenouchi; Ayes with reservations: Representative(s) Ward; 1 Noes: Representative(s) Cochran; and 1 Excused: Representative(s) Alcos.
lower
Feb 8, 2023
Committee
Reported from ECD (Stand. Com. Rep. No. 165) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
lower
Feb 1, 2023
Lower · Passed
The committee on ECD recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 6 Ayes: Representative(s) Holt, Lamosao, Hussey-Burdick, Kong, Quinlan; Ayes with reservations: Representative(s) Nakamura; 1 Noes: Representative(s) Pierick; and Excused: none.
lower
Jan 27, 2023
Committee
Referred to ECD, FIN, referral sheet 2
lower
Jan 23, 2023
Introduced
Introduced and Pass First Reading.
lower
Jan 20, 2023
Introduced
Pending introduction.
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Kyle Yamashita
DDemocratic
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