Proposes an amendment to the Hawaii State Constitution to repeal the exclusive power of the counties to exercise the functions, powers, and duties related to real property taxation, thereby authorizing the State to also exercise those functions, powers, and duties. Effective 7/1/2050. (HD2)
Sponsored bills
By 1/1/2026, requires the department of taxation to suspend and refund certain income tax amounts received or withheld upon the enactment of a state law specifying real property tax amounts. Takes effect upon the ratification of a constitutional amendment authorizing the State to have real property taxing authority. Effective 7/1/2050. (HD2)
Adds a cap for an eligible taxpayer and the taxpayer's related entities per taxable year for the tax credit for research activities. Consolidates the survey and certification requirements. Amends the annual aggregate cap. Requires certification on a first-come, first-served basis to be based on the date a complete application is received, subject to certain conditions, for the tax credit. (HD1)
Makes the state earned income tax credit refundable and permanent. Allows nonrefundable state earned income tax credits claimed for certain taxable years that exceeded tax liability for the original claim year to be credited against net tax liability in subsequent years until exhausted, up to the end of the 2022 tax year.
Repeals the 6/30/2022 sunset date of Act 14, SLH 2020, which established statutory provisions relating to hemp production and processing.
Requires that all moneys in the pro rata portion of the Public Land Trust be transferred to the Office of Hawaiian Affairs.
Authorizes the issuance of special purpose revenue bonds to assist Saint Joseph School in planning, designing, constructing, reconstructing, renovating, acquiring, equipping, and improving educational facilities.
Appropriates funds into the emergency and budget reserve fund.
Appropriates moneys to fund experimental modernization projects pursuant to section 78-3.5, HRS, to make necessary discretionary salary adjustments.