SB 925 Hawaii Senate · 2024 Regular Session

RELATING TO A WEALTH ASSET TAX.

Summary

Establishes a wealth asset tax of one percent of the state net worth of each individual taxpayer who holds $20,000,000 or more in assets in the State. Takes effect 03/22/75. (SD1)

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2023

Committee Review

Floor Vote

Governor

Introduced Jan 20, 2023 Last action Dec 11, 2023

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Feb 7, 2023

Committee

Reported from JDC (Stand. Com. Rep. No. 71) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.

upper

Feb 2, 2023

Upper · Passed

The committee(s) on JDC recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in JDC were as follows: 4 Aye(s): Senator(s) Rhoads, Gabbard, Elefante, San Buenaventura; Aye(s) with reservations: none ; 1 No(es): Senator(s) Awa; and 0 Excused: none.

upper

Jan 30, 2023

Upper · Passed

The committee(s) on JDC has scheduled a public hearing on 02-02-23 10:00AM; Conference Room 016 & Videoconference.

upper

Jan 27, 2023

Committee

Referred to JDC, WAM.

upper

Jan 20, 2023

Introduced

Introduced.

upper

2 primary · 0 co-sponsors