HB 1143 Hawaii House · 2026 Regular Session

RELATING TO A STATE HISTORIC PRESERVATION INCOME TAX CREDIT.

Summary

Reestablishes the Historic Preservation Income Tax Credit. Establishes a cap of the tax credit for each taxable year from 2025 to 2030. Sunsets 12/31/2030. Effective 7/1/3000. (HD1)

Issues: ✓ Budget & Taxes

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2025

Committee Review

Floor Vote

Governor

Introduced Jan 21, 2025 Last action Dec 8, 2025

Maddy AI version diff · 1 comparison

What changed between versions

HB1143 → HB1143_HD1 · 3 edits

MINOR

This bill reestablishes the Historic Preservation Income Tax Credit with a $1 million annual cap per year from 2025 to 2030. The most significant change is the effective date, which has been set to July 1, 3000, meaning the law will not take effect until that future date despite applying to 2025 tax years. Formatting and section numbering were also updated to reflect House of Representatives markup.

Scope change

The bill's scope remains focused on historic preservation tax credits, but the applicability is now delayed by over 70 years due to the new effective date.

TIMELINE

The effective date was changed from immediate enactment to July 1, 3000, creating a massive delay before the law becomes operational.

FISCAL

The annual credit cap was adjusted from a flat $1,000,000 to a specific line-item format listing $1,000,000 for each year from 2025 through 2030.

TECHNICAL

Minor formatting changes were made to section headers, spacing, and the removal of specific author names and file metadata.

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Feb 11, 2025

Committee

Reported from WAL (Stand. Com. Rep. No. 359) as amended in HD 1, recommending passage on Second Reading and referral to FIN.

lower

Feb 4, 2025

Lower · Passed

The committee on WAL recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 10 Ayes: Representative(s) Hashem, Lamosao, Ichiyama, Iwamoto, Morikawa, Poepoe, Woodson, Shimizu, Souza; Ayes with reservations: Representative(s) Belatti; 0 Noes: none; and 0 Excused: none.

lower

Jan 23, 2025

Committee

Referred to WAL, FIN, referral sheet 3

lower

Jan 23, 2025

Introduced

Introduced and Pass First Reading.

lower

Jan 21, 2025

Introduced

Pending introduction.

lower

1 primary · 0 co-sponsors