HB 1620 Hawaii House · 2024 Regular Session

RELATING TO PASS-THROUGH ENTITY TAXATION.

Summary

Reduces the pass-through entity level tax rate and allows the nonrefundable tax credit to be carried forward to subsequent years. Effective 7/1/3000. (HD1)

Bill status in committee 3 of 5 stages cleared

Introduction

Jan 2024

Committee Review

Feb 2024

House Passage

Feb 2024

Senate Passage

Governor

Introduced Jan 16, 2024 Last action Feb 12, 2024

Floor votes · House Feb 12, 2024

How they voted

46–0

Passed · 5 other

Total votes 51

Feb 12, 2024

D Democratic44

39 Yea 5

88% Yea

R Republican7

7 Yea

100% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Feb 12, 2024

Committee

Reported from ECD (Stand. Com. Rep. No. 238-24) as amended in HD 1, recommending passage on Second Reading and referral to FIN.

lower

Feb 12, 2024

House · Passed

House Vote: pass (46-0-5)

house

Feb 7, 2024

Lower · Passed

The committee on ECD recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Holt, Lamosao, Hussey-Burdick, Kong, Nakamura, Quinlan, Pierick; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) La Chica.

lower

Jan 24, 2024

Committee

Referred to ECD, FIN, referral sheet 1

lower

Jan 17, 2024

Introduced

Introduced and Pass First Reading.

lower

Jan 16, 2024

Introduced

Prefiled.

lower

1 primary · 0 co-sponsors