Budget & Taxes

in committee · Hawaii · House Dec 8, 2025

HB 81: RELATING TO INCOME TAX CREDITS.

Establishes a telework tax credit for small business employers who allow telework for at least 30% of their employees. Applies to taxable years beginning after 12/31/24.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credit for small businesses, reducing their tax burden as fiscal incentive for telework adoption.95% confidence

Sub-Topics Business Taxes Tax Credits Tax Incentives Tags Small Business

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in committee · Hawaii · House Dec 8, 2025

HB 568: RELATING TO OFFICE OF LEGISLATIVE ANALYST.

Requires the office of legislative analyst to produce fiscal notes on all fiscal bills. Prohibits a committee from making a decision on a fiscal bill without a fiscal note. Mandates that fiscal notes be made available to the public. Appropriates funds.

Topics ✓ Budget & TaxesSupports Budget & TaxesMandates fiscal notes for transparency, enhancing fiscal accountability in budget decisions per bill's requirements on committee actions and public access.95% confidence

Sub-Topics Audits & Accountability State Budget

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passed · Hawaii · Senate Dec 8, 2025

SB 313: RELATING TO A WEALTH ASSET TAX.

Beginning January 1, 2030, establishes a wealth asset tax of one per cent of the state net worth of each individual taxpayer who holds $20,000,000 or more in assets in the State. Effective 4/23/2057. (SD1)

Topics ✓ Budget & TaxesSupports Budget & TaxesBill establishes new tax on ultra-wealthy ($20M+ assets) to generate state revenue, aligning with fiscal responsibility and funding mechanisms.95% confidence

Sub-Topics Business Taxes

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passed both · Hawaii · Senate Apr 20, 2026

SB 2805: RELATING TO AGRICULTURE.

Establishes a nonrefundable income tax credit to incentivize significant investment in agricultural production and support the expansion of agricultural crops that take longer to become productive. Applies to taxable years beginning after 12/31/2026. Sunsets 1/1/2031. Effective 7/1/3000. (HD1)

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates nonrefundable income tax credit for agricultural investment, providing tax relief to incentivize sector growth and expansion per bill summary.95% confidence

Sub-Topics Business Taxes Tax Credits Tax Incentives Tags Agriculture

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in committee · Hawaii · House Dec 8, 2025

HB 489: RELATING TO VACANT HOMES.

Establishes a Vacant Homes Special Fund under the Hawaii Housing Finance and Development Corporation for rental assistance programs. Establishes a general excise tax surcharge on an owner that allows a residential real property to remain vacant for 180 days or more a year. Requires persons who own residential real property, but do not live there, to obtain a general excise tax license. Requires the counties to disclose to the Department of Taxation a list of properties classified as not being occupied by an owner of that property. Requires the Department of Business, Economic Development, and Tourism to calculate average annual rental value for the basis for the surcharge amount.

Topics ✓ Budget & TaxesSupports Budget & TaxesImposes general excise tax surcharge on vacant property owners to fund rental assistance programs, creating new tax revenue for public housing services.95% confidence ✓ HousingSupports HousingEstablishes Vacant Homes Special Fund for rental assistance, taxes vacant properties to fund housing programs, directly advancing affordable housing access.90% confidence

Sub-Topics Fees & Licensing Sales Tax Housing Finance Property Development Renters

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passed · Hawaii · Senate Dec 8, 2025

SB 1348: RELATING TO PUBLIC EMPLOYMENT COST ITEMS.

Appropriates funds for collective bargaining cost items for the members of Unit (3) and their excluded counterparts, including the cost of salary adjustments negotiated between the State and the bargaining unit representative for fiscal biennium 2025-2027. Declares the expenditure ceiling for fiscal year 2025-2026 is exceeded. Effective 7/1/2050. (SD1)

Topics ✓ Budget & TaxesSupports Budget & TaxesAppropriates funds for public employee salary adjustments and bargaining costs, directly increasing government spending on public employment within budget framework.95% confidence ✓ Labor & EmploymentSupports Labor & EmploymentAppropriates funds for collective bargaining cost items and negotiated salary adjustments, directly supporting public sector workers' bargaining rights and wage negotiations.95% confidence

Sub-Topics Government Spending State Budget Collective Bargaining

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passed · Hawaii · Senate Dec 8, 2025

SB 1462: RELATING TO A STATE HISTORIC PRESERVATION INCOME TAX CREDIT.

Reenacts the Historic Preservation Income Tax Credit. Establishes an annual cap amount on the tax credit of $1,000,000. Effective 7/1/3000. Sunsets 12/31/2030. (HD1)

Topics ✓ Budget & TaxesSupports Budget & TaxesReinstates historic preservation tax credit, providing tax relief via income tax credit, aligning with fiscal support for preservation programs.92% confidence

Sub-Topics Income Tax Tax Credits

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passed · Hawaii · Senate Dec 8, 2025

SB 1033: RELATING TO TAXATION.

Establishes an excise tax on certain taxpayers who own excess single-family residences for failure to sell those residences. Establishes and allocates excise tax revenues to the Housing Downpayment Trust Fund. Requires annual reports to the Legislature. Applies to taxable years beginning after 12/31/2026. Effective 7/1/2050. (SD2)

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates excise tax on idle homes, allocates revenues to Housing Downpayment Trust Fund - directly funds housing program via new tax revenue.95% confidence ✓ HousingSupports HousingFunds Housing Downpayment Trust Fund via excise tax on non-selling excess properties, directly advancing affordable housing access.95% confidence

Sub-Topics Sales Tax

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passed · Hawaii · Senate Dec 8, 2025

SB 1070: RELATING TO HEALTHCARE PRECEPTORS.

Expands the definitions of "preceptor" and "volunteer-based supervised clinical training rotation" to improve accessibility for providers to receive income tax credits for acting as preceptors, including removing "primary care" from the criteria to qualify as a preceptor. Adds dieticians, physician assistants, and social workers to the list of preceptors and eligible students. Expands eligibility for the tax credit to include accredited residency programs that require preceptor support. Adds the Director of Health and residency programs with eligible students to the Preceptor Credit Assurance Committee. Applies to taxable years beginning after 12/31/2025. (SD1)

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands tax credit eligibility for healthcare preceptors, providing tax relief to providers and increasing access to training programs.95% confidence ✓ HealthcareSupports HealthcareExpands tax credits for healthcare preceptors including new professions, removing primary care restrictions to increase provider training accessibility.95% confidence

Sub-Topics Income Tax Tax Credits Primary Care

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passed · Hawaii · Senate Dec 8, 2025

SB 1379: RELATING TO EMERGENCY PREPAREDNESS.

Establishes the Community Readiness Centers Program to be implemented and administered by the Hawaii Emergency Management Agency. Establishes the Community Readiness Centers Special Fund to fund the Community Readiness Centers Program. Renames the Environmental Response, Energy, and Food Security Tax to the Environmental Response, Energy, Food Security, and Resilience Tax and directs a portion of the tax into the Community Readiness Centers Special Fund. Requires a report to the Legislature. Appropriates moneys to acquire lands for community readiness centers and for an emergency operations center. Effective 7/1/3000. (HD1)

Topics ✓ Budget & TaxesSupports Budget & TaxesRedirects portion of existing tax revenue to fund Community Readiness Centers Special Fund, explicitly allocating tax dollars toward emergency preparedness program.95% confidence

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