HI SB2497 | 2024 | Regular Session

Status

Completed Legislative Action
Spectrum: Moderate Partisan Bill (Democrat 6-1)
Status: Passed on July 2 2024 - 100% progression
Action: 2024-07-02 - Act 139, 07/01/2024 (Gov. Msg. No. 1240).
Text: Latest bill text (Amended) [HTML]

Summary

Repeals the provision that made references to the base amount in the Internal Revenue Code inapplicable to the research activities tax credit and allowed credits for all qualified research expenses to be taken without regard to previous years' expenses. Narrows the qualifying criteria for research activities tax credits to applicants who are small businesses registered in the State. Extends the sunset date of the research activities tax credit to 12/31/2029. (CD1)

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Relating To Taxation.

Sponsors


Roll Calls

2024-04-26 - Senate - Senate Conference: Passed, With Amendments (Y: 2 N: 0 NV: 0 Abs: 1) [PASS]
2024-04-26 - House - House Conference: Passed, With Amendments (Y: 4 N: 0 NV: 0 Abs: 1) [PASS]
2024-03-01 - Senate - Senate Ways and Means: Passed, With Amendments (Y: 12 N: 0 NV: 0 Abs: 1) [PASS]
2024-02-01 - Senate - Senate Energy, Economic Development, and Tourism: Passed, With Amendments (Y: 3 N: 0 NV: 0 Abs: 2) [PASS]

History

DateChamberAction
2024-07-02SenateAct 139, 07/01/2024 (Gov. Msg. No. 1240).
2024-07-02HouseAct 139, on 07/01/2024 (Gov. Msg. No. 1240).
2024-05-03SenateEnrolled to Governor.
2024-05-03SenateReceived notice of passage on Final Reading in House (Hse. Com. No. 830).
2024-05-01HouseReceived notice of Final Reading (Sen. Com. No. 798).
2024-05-01HousePassed Final Reading as amended in CD 1 with none voting aye with reservations; none voting no (0) and Representative(s) Ganaden, Martinez, Nakashima excused (3).
2024-05-01SenatePassed Final Reading, as amended (CD 1). Ayes, 25; Aye(s) with reservations: none . 0 No(es): none. 0 Excused: none.
2024-04-26HouseForty-eight (48) hours notice Wednesday 05-01-24.
2024-04-26HouseReported from Conference Committee (Conf Com. Rep. No. 158-24) as amended in (CD 1).
2024-04-26Senate48 Hrs. Notice (as amended CD 1) 05-01-24.
2024-04-26SenateReported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 158-24).
2024-04-26HouseThe Conference Committee recommends that the measure be Passed, with Amendments. The votes were as follows: 4 Ayes: Representative(s) Holt, Lamosao, Garrett, Kong; Ayes with reservations: none; 0 Noes: none; and 1 Excused: Representative(s) Pierick.
2024-04-26SenateThe Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. The votes of the Senate Conference Managers were as follows: 2 Aye(s): Senator(s) DeCoite, Wakai; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Fevella.
2024-04-26SenateConference committee meeting to reconvene on 04-26-24 4:30 PM; CR 016.
2024-04-25SenateConference committee meeting to reconvene on 04-26-24 9:35AM; Conference Room 325.
2024-04-24SenateConference committee meeting to reconvene on 04-25-24 9:35AM; Conference Room 325.
2024-04-23SenateConference committee meeting scheduled for 04-24-24 9:35AM; CR 325.
2024-04-18SenateReceived notice of appointment of House conferees (Hse. Com. No. 759).
2024-04-17HouseHouse Conferees Appointed: Holt, Lamosao Co-Chairs; Garrett, Kong, Pierick.
2024-04-15HouseReceived notice of Senate conferees (Sen. Com. No. 678).
2024-04-15SenateSenate Conferees Appointed: DeCoite Chair; Wakai Co-Chair; Fevella.
2024-04-09HouseReceived notice of disagreement (Sen. Com. No. 670).
2024-04-09SenateSenate disagrees with House amendments.
2024-04-09SenateReceived from House (Hse. Com. No. 664).
2024-04-05HousePassed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Souza excused (1). Transmitted to Senate.
2024-04-05HouseReported from FIN (Stand. Com. Rep. No. 1793-24), recommending passage on Third Reading.
2024-04-02HouseThe committee on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 15 Ayes: Representative(s) Yamashita, Kitagawa, Aiu, Chun, Cochran, Garrett, Kahaloa, Kila, Lamosao, Morikawa, Nishimoto, Poepoe, Takenouchi, Alcos, Ward; Ayes with reservations: none; 0 Noes: none; and 1 Excused: Representative(s) Kobayashi.
2024-03-29HouseBill scheduled to be heard by FIN on Tuesday, 04-02-24 2:30PM in House conference room 308 VIA VIDEOCONFERENCE.
2024-03-22HousePassed 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) Martinez, Nakashima, Quinlan excused (3).
2024-03-22HouseReported from ECD (Stand. Com. Rep. No. 1286-24) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
2024-03-19HouseThe committee on ECD recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Holt, Lamosao, Hussey-Burdick, La Chica, Nakamura, Quinlan, Pierick; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Kong.
2024-03-14HouseBill scheduled to be heard by ECD on Tuesday, 03-19-24 10:00AM in House conference room 423 VIA VIDEOCONFERENCE.
2024-03-07HouseReferred to ECD, FIN, referral sheet 16
2024-03-07HousePass First Reading
2024-03-05HouseReceived from Senate (Sen. Com. No. 127) in amended form (SD 2).
2024-03-05SenateReport adopted; Passed Third Reading, as amended (SD 2). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
2024-03-01Senate48 Hrs. Notice 03-05-24.
2024-03-01SenateReported from WAM (Stand. Com. Rep. No. 3040) with recommendation of passage on Third Reading, as amended (SD 2).
2024-03-01SenateThe committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 12 Aye(s): Senator(s) Dela Cruz, Moriwaki, Aquino, DeCoite, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Shimabukuro.
2024-02-28SenateThe committee(s) on WAM will hold a public decision making on 03-01-24 9:55AM; Conference Room 211 & Videoconference.
2024-02-07SenateReport adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
2024-02-07SenateReported from EET (Stand. Com. Rep. No. 2168) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
2024-02-01SenateThe committee(s) on EET recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in EET were as follows: 3 Aye(s): Senator(s) DeCoite, Fukunaga, Kim; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Wakai, Fevella.
2024-01-29SenateThe committee(s) on EET has scheduled a public hearing on 02-01-24 1:00PM; Conference Room 229 & Videoconference.
2024-01-24SenateReferred to EET, WAM.
2024-01-22SenatePassed First Reading.
2024-01-19SenateIntroduced.

Subjects


Hawaii State Sources


Bill Comments

feedback