HI SB1302 | 2021 | Regular Session
Note: Carry Foward to future SB1302
Status
Spectrum: Partisan Bill (Democrat 5-0)
Status: Introduced on January 27 2021 - 25% progression, died in committee
Action: 2021-02-17 - The committee on JDC deferred the measure.
Pending: Senate Commerce and Consumer Protection Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 27 2021 - 25% progression, died in committee
Action: 2021-02-17 - The committee on JDC deferred the measure.
Pending: Senate Commerce and Consumer Protection 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 1/1/2022.
Title
Relating To Tax Haven Abuse.
Sponsors
| Sen. Laura Acasio [D] | Sen. Stanley Chang [D] | Sen. Karl Rhoads [D] | Sen. Joy San Buenaventura [D] |
| Sen. Maile Shimabukuro [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2021-02-17 | Senate | The committee on JDC deferred the measure. |
| 2021-02-17 | Senate | The committee on CPN deferred the measure. |
| 2021-02-12 | Senate | The committee(s) on CPN/JDC has scheduled a public hearing on 02-17-21 10:30AM; CR 229 & Videoconference. |
| 2021-02-01 | Senate | Referred to CPN/JDC, WAM. |
| 2021-01-27 | Senate | Passed First Reading. |
| 2021-01-27 | Senate | Introduced. |
Same As/Similar To
SB1302 (Carry Over) 2021-02-17 - The committee on JDC deferred the measure.
HB441 (Same As) 2021-01-27 - Referred to ECD, FIN, referral sheet 1
HB441 (Same As) 2021-01-27 - Referred to ECD, FIN, referral sheet 1
Subjects
Hawaii State Sources
| Type | Source |
|---|---|
| Summary | http://www.capitol.hawaii.gov/measure_indiv.aspx?billtype=SB&billnumber=1302&year=2021 |
| Text | https://www.capitol.hawaii.gov/session2021/bills/SB1302_.HTM |
