HI SB925 | 2024 | Regular Session

Note: Carry Over of previous SB925

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on January 20 2023 - 25% progression, died in committee
Action: 2023-12-11 - Carried over to 2024 Regular Session.
Pending: Senate Ways and Means Committee
Text: Latest bill text (Amended) [HTML]

Summary

Establishes a wealth asset tax of one percent of the state net worth of each individual taxpayer who holds $20,000,000 or more in assets in the State. Takes effect 03/22/75. (SD1)

Tracking Information

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Title

Relating To A Wealth Asset Tax.

Sponsors


Roll Calls

2023-02-02 - Senate - Senate Judiciary: Passed, With Amendments (Y: 4 N: 1 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2023-12-11 Carried over to 2024 Regular Session.
2023-02-07SenateReport adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
2023-02-07SenateReported from JDC (Stand. Com. Rep. No. 71) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
2023-02-02SenateThe committee(s) on JDC recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in JDC were as follows: 4 Aye(s): Senator(s) Rhoads, Gabbard, Elefante, San Buenaventura; Aye(s) with reservations: none ; 1 No(es): Senator(s) Awa; and 0 Excused: none.
2023-01-30SenateThe committee(s) on JDC has scheduled a public hearing on 02-02-23 10:00AM; Conference Room 016 & Videoconference.
2023-01-27SenateReferred to JDC, WAM.
2023-01-23SenatePassed First Reading.
2023-01-20SenateIntroduced.

Same As/Similar To

HB1190 (Same As) 2023-12-11 - Carried over to 2024 Regular Session.
SB925 (Carry Over) 2023-02-07 - Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

Subjects


Hawaii State Sources


Bill Comments

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