Maddy summaryThis bill proposes to raise the standard deduction amount and expand income tax brackets for tax years starting after December 31, 2023. By increasing these thresholds, the legislation aims to reduce the taxable income for many individuals, potentially lowering the amount of tax they owe. The changes apply specifically to residents filing state income taxes during the specified future years. The measure is currently under review by the Finance Committee, which has recommended it pass with amendments.
Sponsored bills
Repeals the authority of counties to administer commercial property assessed financing programs and delegates all existing administrative responsibilities of the counties under the commercial property assessed financing program to the Hawaiʻi Green Infrastructure Authority. Allows condominium associations to be eligible for commercial property assessed financing. (CD1)
Repeals provisions governing the use of electronic voting devices at condominium association meetings. Clarifies the procedure for electronic meetings, electronic voting, and mail voting. (CD1)
Establishes the solar hui program to allow multi-family residential property owners to invest in a solar hui investment fund, which will provide repayment of income derived from energy services agreements to low- and moderate-income households to install solar energy systems. Establishes the solar hui program fund manager position. Appropriates funds. (CD1)
Replaces the Director of Law Enforcement with the Director of Corrections and Rehabilitation on the Hawaiʻi Interagency Council for Transit-Oriented Development. (CD1)
Beginning 1/1/2025, allows residential uses in areas zoned for commercial use to be considered permitted under certain circumstances. Requires, no later than 1/1/2025, each county to adopt or amend its ordinances to allow for adaptive reuse of existing commercial buildings in the county's building codes. (CD1)
Adjust funding for Department of Public Safety programs for anticipated operating shortfalls due to the limited ability for departments to transfer funds between programs. (CD1)
Adjusts funding for Department of Transportation programs to pay for anticipated operating shortfalls due to the limited ability to transfer funds between programs. (CD1)
Maddy summaryHB 2380 provides emergency funding to the Department of Budget and Finance to cover immediate financial obligations for the Mass Transit Special Fund. This measure allows the state to release specific money from that fund without waiting for the regular budget process to complete. The bill directly impacts the department responsible for managing transit-related finances by authorizing the disbursement of these special funds.
Permits Department of Accounting and General Services to employ certain persons within the Comptroller's office who are exempt from state laws governing civil service and collective bargaining for certain purposes, as part of the State's information technology modernization efforts. (SD1)