HI SB1208 | 2024 | Regular Session
Note: Carry Over of previous SB1208
Status
Spectrum: Partisan Bill (Democrat 9-0)
Status: Introduced on January 25 2023 - 25% progression, died in committee
Action: 2024-02-09 - Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
Pending: Senate Ways and Means Committee
Text: Latest bill text (Amended) [HTML]
Status: Introduced on January 25 2023 - 25% progression, died in committee
Action: 2024-02-09 - Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
Pending: Senate Ways and Means Committee
Text: Latest bill text (Amended) [HTML]
Summary
Increases the income thresholds and credit amounts of the income tax credit for low-income household renters by using tax brackets individuals and different categories of households. Annually adjusts the income thresholds and credit amounts for inflation, based on the consumer price index. Applies to taxable years beginning after 12/31/2023. (SD1)
Title
Relating To Taxation.
Sponsors
| Sen. Henry Aquino [D] | Sen. Stanley Chang [D] | Rep. Lynn Decoite [D] | Sen. Gil Keith-agaran [D] |
| Sen. Angus McKelvey [D] | Sen. Karl Rhoads [D] | Sen. Les Ihara [D] | Sen. Michelle Kidani [D] |
| Sen. Glenn Wakai [D] |
Roll Calls
2024-01-30 - Senate - Senate Housing: Passed, With Amendments (Y: 4 N: 0 NV: 0 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-02-09 | Senate | Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM. |
| 2024-02-09 | Senate | Reported from HOU (Stand. Com. Rep. No. 2210) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM. |
| 2024-01-30 | Senate | The committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HOU were as follows: 4 Aye(s): Senator(s) Chang, Hashimoto, Aquino, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Kanuha. |
| 2024-01-26 | Senate | The committee(s) on HOU has scheduled a public hearing on 01-30-24 1:00PM; Conference Room 225 & Videoconference. |
| 2023-12-11 | Carried over to 2024 Regular Session. | |
| 2023-01-27 | Senate | Referred to HOU, WAM. |
| 2023-01-25 | Senate | Passed First Reading. |
| 2023-01-25 | Senate | Introduced. |
Same As/Similar To
SB1208 (Carry Over) 2023-01-27 - Referred to HOU, WAM.
