SB 2701 Hawaii Senate · 2024 Regular Session

RELATING TO TAXATION.

Summary
Reduces the tax rate for pass-through entities electing to pay Hawaiʻi income taxes at the entity level. Allows certain members of pass-through entities entitled to a tax credit to use the credit against the member's net income tax liability in subsequent years until exhausted.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 19, 2024 Last action Jan 24, 2024
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
1
Jan 24, 2024
Committee
Referred to WAM.
upper
Jan 19, 2024
Introduced
Introduced.
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Chris Lee
Chris Lee
DDemocratic
HI
25