Bill Text: HI SB1240 | 2021 | Regular Session | Amended
Bill Title: Relating To Tax Conformity.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Engrossed - Dead) 2021-03-25 - 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 none excused (0). [SB1240 Detail]
Download: Hawaii-2021-SB1240-Amended.html
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THE SENATE |
S.B. NO. |
1240 |
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THIRTY-FIRST LEGISLATURE, 2021 |
S.D. 1 |
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STATE OF HAWAII |
H.D. 1 |
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A BILL FOR AN ACT
RELATING TO TAX CONFORMITY.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. The State shall conform to those provisions of the Consolidated Appropriations Act, 2021, Public Law 116-260, relating to taxable income and deductible expenses.
SECTION 2. This Act shall take effect on January 1, 2050.
Report Title:
Income Tax Law; Conformity; Federal Consolidated Appropriations Act
Description:
Requires the State to conform to those provisions of the Consolidated Appropriations Act, 2021, relating to taxable income and deductible expenses. Effective 1/1/2050. (HD1)
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.
