Sen. Sharon Moriwaki

Appropriates moneys to the Office of Veterans' Services to perform its statutory duties, including maintaining a center that provides information, counsel, aid, and assistance to veterans, their families, and their dependents; and cooperating with federal agencies responsible for the administration of rights and benefits granted to veterans, their families, and their dependents. Effective 7/1/2077. (SD1)

Appropriates funds to the Department of Human Services to achieve full funding status, including estimated payment increases, of Medicaid home- and community-based services.

Decreases the time period for the legislative body of a county to approve, approve with modification, or disapprove housing developments exempt from certain requirements pursuant to section 201H-38, HRS, from forty-five days to thirty days.

Appropriates funds to the Department of Human Services to achieve the full funding, including estimated payment increases, of Medicaid home- and community-based services. Effective 12/31/2050. (SD1)

Beginning 10/1/2025, requires mortuaries, cemeteries, and pre-need funeral authorities that contract to provide cremation services to provide written notice if precious metals are recovered after cremation and to obtain written consent before the sale or recycling of any recovered precious metals. Requires mortuaries, cemeteries, and pre-need funeral authorities that have contracted to provide cremation services to give certain notice of updated terms by 1/1/2026.

Maddy summarySB 349 would tax profits from selling assets (like stocks or property) at the same income tax rate applied to regular wages and salaries. This change would directly affect individuals and businesses that earn capital gains income, such as investors or sellers of real estate. The bill's key provision aligns capital gains taxation with ordinary income tax rates, rather than using a separate lower rate. The bill is currently pending in the 2026 Regular Session after being introduced in January 2025.

Establishes a refundable Family Caregiver Tax Credit for nonpaid family caregivers. Requires the Department of Taxation to report to the Legislature before the convening of each Regular Session.

Establishes and appropriates moneys for the development of a structural integrity assessment program within the Department of Accounting and General Services to inspect certain multi-story structures. Requires the Department of Accounting and General Services to develop a standardized assessment methodology, in collaboration with the University of Hawaii and Department of Land and Natural Resources, for use in program inspections. Requires the program to begin with assessments of structures in South Maui and West Maui. Requires annual reports to the Legislature.

Allows authorized insurers in the State to offer building and hurricane damage insurance for condominium buildings at a lesser rate than the building's prior surplus lines insurance policy for the same coverage. Effective 7/1/2050. (SD1)

Establishes the Department of Housing. Places the Hawaii Community Development Authority, Hawaii Housing Finance and Development Corporation, Office of Planning and Sustainable Development, and Hawaii Public Housing Authority within the Department of Housing for administrative purposes. Replaces the Director of Business, Economic Development, and Tourism with the Director of Housing on the Hawaii Community Development Authority. Effective 7/1/2050. (SD1)