Budget & Taxes

passed · Hawaii · House Dec 8, 2025

HB 1085: RELATING TO TAXATION.

Increases the tax rates for cigarettes and little cigars beginning 1/1/2026, amends the disposition of tax revenues to certain non-general funds starting from fiscal year 2026-2027, with the excess carrying over to the general fund, and expands the disposition of tax revenues to the non-general funds to include all tobacco product taxes. Repeals obsolete historical tax rates. Effective 7/1/3000. (HD2)

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases tobacco tax rates and mandates revenue disposition to non-general funds with excess to general fund, strengthening state budget revenue streams.95% confidence

Sub-Topics Sales Tax State Budget

Track

in committee · Hawaii · Senate Jan 21, 2026

SB 41: RELATING TO THE CONVEYANCE TAX.

Allocates ten per cent of conveyance tax collections to the Dwelling Unit Revolving Fund. Removes the annual cap on conveyance taxes paid into the Rental Housing Revolving Fund.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllocates conveyance tax revenue to housing revolving funds, increasing funding for public housing programs.90% confidence ✓ HousingSupports HousingAllocates 10% conveyance tax to Dwelling Unit Fund and removes cap on Rental Housing Fund, directly funding housing development and tenant support programs.95% confidence

Sub-Topics Property Taxes Renters

Track

in committee · Hawaii · House Dec 8, 2025

HB 768: RELATING TO THE CAMPAIGN SPENDING COMMISSION.

HB 768 appropriates funds to establish investigator positions within the Campaign Spending Commission. This bill directly affects the Commission by enabling it to hire additional staff to investigate campaign finance compliance. The key provision is the allocation of specific budget resources for these investigator roles, without changing existing campaign finance laws or creating new regulations. The bill focuses solely on providing staffing resources for the Commission's enforcement capacity. (Note: As a funding measure, it does not directly impact voters, candidates, or political entities beyond the Commission's internal operations.)

Topics ✓ Budget & TaxesSupports Budget & TaxesAllocates specific budget funds ($ appropriation) to hire Commission investigators, directly strengthening government enforcement capacity under fiscal management.95% confidence

Sub-Topics State Budget

Track

passed both · Hawaii · House Mar 30, 2026

HB 1918: RELATING TO TAXATION.

Imposes conveyance tax on the transfer of a controlling interest of an entity with an interest in real property. Stipulates that the imposition of the conveyance tax on transfers of entity ownership shall not apply to any transfer of interest or acquisition between entities wholly owned by the same common ownership that results in no change in the beneficial ownership. Imposes the conveyance tax on certain transfers of real property at the lowest tax rate. Imposes liability on the transferee in the event that the transferor of the controlling interest does not pay the tax due. Effective 1/1/3028. (SD1)

Topics ✓ Budget & TaxesSupports Budget & TaxesCloses tax loophole by imposing conveyance tax on controlling interest transfers while exempting same-ownership transfers, promoting fiscal responsibility in real property taxation.95% confidence

Sub-Topics Business Taxes Property Tax Sales Tax

Track

in committee · Hawaii · House Feb 2, 2026

HB 2525: RELATING TO TAXATION.

HB 2525 establishes a refundable state income tax credit for police officers who remain employed and reside in designated housing within the state. It directly affects eligible sworn police officers by providing them with a tax credit to offset housing costs. The bill's key mechanism is a state-funded tax credit that officers can claim on their income tax returns, reducing their overall tax liability.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides refundable tax credit for police officers, reducing tax liability and funded by state budget, aligning with tax relief for public servants.90% confidence

Sub-Topics Business Taxes Income Tax Tax Credits

Track

in committee · Hawaii · House Feb 2, 2026

HB 2510: RELATING TO TAXATION.

HB 2510 creates an income tax credit for employers who provide paid family and medical leave to their employees. The bill directly affects businesses that offer this benefit, reducing their state income tax liability based on the leave provided. Key provisions establish a specific credit amount tied to the cost of providing paid leave, incentivizing employers to adopt such policies without mandating it. This policy change modifies tax incentives to encourage broader employer-sponsored leave coverage.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credit for employers offering paid leave, reducing state tax liability to incentivize policy adoption. Directly modifies tax incentives as a fiscal tool.95% confidence ✓ HealthcareSupports HealthcareIncentivizes employer-provided medical leave, improving access to healthcare services by reducing financial barriers for employees seeking treatment.85% confidence ✓ Labor & EmploymentSupports Labor & EmploymentTax credit incentivizes employers to provide paid family/medical leave, directly expanding worker benefits without mandating it.95% confidence

Sub-Topics Business Taxes Income Tax Tax Credits Paid Leave

Track

passed · Hawaii · Senate Feb 20, 2026

SB 2738: RELATING TO TAX HAVEN ABUSE.

Effective 1/1/2028, requires corporations to include in their income the income of all foreign subsidiaries to the State; applies the State's apportionment formula to determine the share of reported profits subject to the appropriate tax, which shall be deposited into the state general fund; and requires corporations to report all profits, losses, revenues, and inter-company transactions made and all taxes paid in other states. Establishes penalties for violations. Effective 7/1/2050. (SD1)

Topics ✓ Budget & TaxesSupports Budget & TaxesBill closes tax loopholes by requiring corporations to report foreign subsidiary income and pay state taxes on it, increasing revenue for the general fund. This strengthens tax collection and fiscal management.95% confidence

Sub-Topics Business Taxes Sales Tax Tax Incentives

Track

passed · Hawaii · House Dec 8, 2025

HB 1437: RELATING TO GENERAL EXCISE TAX EXEMPTIONS.

Establishes a general excise tax exemption on the gross proceeds or gross income received from sales of commodities or services that benefit nonprofit schools. Effective 1/1/3000. (HD2)

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides tax relief to nonprofit schools via general excise tax exemption, aligning with tax relief indicators for support.95% confidence ✓ EducationSupports EducationProvides tax exemption for nonprofit schools, reducing operational costs and supporting their funding capacity for educational services.95% confidence

Sub-Topics Sales Tax Tax Incentives

Track

in committee · Hawaii · Senate Jan 28, 2026

SB 2441: RELATING TO CAPITAL GAINS.

SB 2441 would tax profits from selling investments (like stocks or property) at the same rate as regular income, such as wages. This directly affects individuals and investors who earn capital gains, particularly higher earners who currently benefit from lower tax rates on these profits. The bill replaces the current preferential tax rate for capital gains with the standard income tax rate. This policy change would increase the tax burden for many investors who sell assets at a profit. The bill is currently in committee referral after its initial introduction and first reading.

Topics ✓ Budget & TaxesSupports Budget & TaxesRepeals preferential capital gains tax rate, closing a loophole to increase revenue from higher earners, aligning with fiscal responsibility indicators.95% confidence

Sub-Topics Business Taxes Income Tax

Track

in committee · Hawaii · House Dec 8, 2025

HB 285: RELATING TO INSURANCE.

Establishes tax credits for insurers providing full property coverage to owners and associations of condominiums in the amount equal to twenty per cent of the insurance premium. Provides additional ten per cent tax credits to insurers incorporated in the State.

Topics ✗ Budget & TaxesOpposes Budget & TaxesProvides tax credits to insurers (business tax break), not aligned with middle-income support indicators; creates tax incentive for corporations.90% confidence

Track