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)
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)
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)
HB 627 allocates funds to the Department of Education to hire staff positions focused on implementing and maintaining school safety measures. It directly affects public schools by providing resources to enhance safety protocols through dedicated personnel. The bill’s key provision is the appropriation of funding specifically for these safety-related roles, rather than altering existing safety standards. The measure is scheduled to take effect on July 1, 3000 (note: likely a typo for 2030, per standard legislative dates).
HB 462 adopts an Interstate Compact designed to phase out corporate welfare by creating a multi-state agreement among participating states. The bill directly affects businesses receiving state-level tax incentives, subsidies, or other financial benefits previously classified as "corporate welfare." Its key mechanism is establishing a coordinated framework where states collectively eliminate these subsidies through mutual agreement, rather than individual state action. This procedural bill does not create new state laws but enables states to work together to end such financial support for corporations.
Establishes an income tax credit for eligible employers who employ qualified interns or apprentices. Requires the Department of Labor and Industrial Relations, in coordination with the Department of Taxation, to report to the Legislature on the tax credit. Appropriates funds.
Exempts from the state general excise tax any grants received from the federal Restaurant Revitalization Fund by an eligible business pursuant to the American Rescue Plan Act of 2021. Requires the Department of Taxation to notify all taxpayers eligible for refunds of any state general excise tax paid for grants received from the federal Restaurant Revitalization Fund of their eligibility and requires taxpayers to file refund claims no later than six months following notification. Requires any state general excise taxes paid by eligible businesses for Restaurant Revitalization Fund grants to be refunded to the taxpayer. Effective 7/1/3000. Applies retroactively to 3/11/2021. (HD1)
Requires the Office of the Auditor to perform a comprehensive forensic audit of the Department of Corrections and Rehabilitation and Department of Accounting and General Services related to the planning, design, financing, construction, and maintenance of a new jail to replace the Oahu Community Correctional Center. Requires a report. Appropriates funds.
Appropriates funds for collective bargaining cost items for the members of bargaining unit (2) 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)
Increases the income tax rate on the highest income earners in the State by establishing a new tax bracket for taxable years beginning after 12/31/2029.
