HI HB149 | 2024 | Regular Session
Note: Carry Over of previous HB149
Status
Spectrum: Strong Partisan Bill (Democrat 13-1)
Status: Introduced on January 19 2023 - 25% progression, died in committee
Action: 2023-12-11 - Carried over to 2024 Regular Session.
Pending: House Economic Development Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 19 2023 - 25% progression, died in committee
Action: 2023-12-11 - Carried over to 2024 Regular Session.
Pending: House Economic Development Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Requires corporations to include the income of all foreign subsidiaries to the State. Applies the State's apportionment formula to determine the share of reported profits subject to the appropriate tax. Effective 1/1/2023.
Title
Relating To Tax Haven Abuse.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2023-12-11 | Carried over to 2024 Regular Session. | |
| 2023-01-25 | House | Referred to ECD, FIN, referral sheet 1 |
| 2023-01-19 | House | Introduced and Pass First Reading. |
| 2023-01-17 | House | Prefiled. |
Same As/Similar To
SB986 (Same As) 2023-12-11 - Carried over to 2024 Regular Session.
HB149 (Carry Over) 2023-01-25 - Referred to ECD, FIN, referral sheet 1
HB149 (Carry Over) 2023-01-25 - Referred to ECD, FIN, referral sheet 1
Subjects
Hawaii State Sources
| Type | Source |
|---|---|
| Summary | https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=149&year=2024 |
| Text | https://www.capitol.hawaii.gov/sessions/session2024/bills/HB149_.HTM |
