HI HB1942 | 2024 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 22 2024 - 25% progression
Action: 2024-02-12 - Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Amato, Lowen, Nakashima, Quinlan, Todd excused (5).
Pending: House Finance Committee
Text: Latest bill text (Amended) [HTML]

Summary

Permits real property assets of a dissolved corporation to escheat to the State, upon approval of the Board of Land and Natural Resources, if the assets were not transferred to a creditor, claimant, or shareholder of the corporation; real property taxes and any state tax liens have remained unpaid for five years; and the State makes a showing that attempts to locate creditors, claimants, and shareholders of the dissolved corporation have been unsuccessful. Effective 7/1/3000. (HD1)

Tracking Information

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Title

Relating To Corporations.

Sponsors


History

DateChamberAction
2024-02-12HousePassed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Amato, Lowen, Nakashima, Quinlan, Todd excused (5).
2024-02-12HouseReported from JHA (Stand. Com. Rep. No. 265-24) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
2024-02-06HouseThe committee on JHA recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 9 Ayes: Representative(s) Tarnas, Takayama, Evslin, Ganaden, Ichiyama, Ilagan, Kong, Miyake, Souza; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Holt.
2024-02-02HouseBill scheduled to be heard by JHA on Tuesday, 02-06-24 2:00PM in House conference room 325 VIA VIDEOCONFERENCE.
2024-01-24HouseReferred to JHA, FIN, referral sheet 1
2024-01-22HouseIntroduced and Pass First Reading.
2024-01-19HousePending introduction.

Subjects


Hawaii State Sources


Bill Comments

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