Bill Commons

HI HB 1235

died on adjournment

RELATING TO A WEALTH ASSET TAX.

Hawaii · 2026 Regular Session · lower

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Quick answers

Did HI HB 1235 pass?

No. HI HB 1235 died when the 2026 Regular Session adjourned without final action on it. Bills that die this way are sometimes reintroduced in a later session. Latest recorded action (2025-12-08): Carried over to 2026 Regular Session.

What is HI HB 1235 about?

Establishes a wealth asset tax of one per cent of the state net worth of each individual taxpayer who holds $20,000,000 or more in assets in the State.

Who sponsors HI HB 1235?

KAPELA, AMATO, GRANDINETTI and 2 others are the primary sponsors of HI HB 1235.

Description

Establishes a wealth asset tax of one per cent of the state net worth of each individual taxpayer who holds $20,000,000 or more in assets in the State.

Introduced
2025-01-23
Latest action
2025-12-08 — Carried over to 2026 Regular Session.
Bill type
bill
Last updated
—

Subjects

Sponsors

  • KAPELAprimary
  • AMATOprimary
  • GRANDINETTIprimary
  • IWAMOTOprimary
  • LA CHICAprimary

Committees

Not provided by source.

Action timeline

Newest first

  1. 2025-12-08

    Carried over to 2026 Regular Session.

    carried-over

  2. 2025-01-27

    Referred to FIN, referral sheet 4

    referral-committee

  3. 2025-01-23

    Introduced and Pass First Reading.

    introduction,reading-1

  4. 2025-01-22

    Pending introduction.

Versions

Documents

Votes

Not provided by source.

Related bills

Official source

https://capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=1235&year=2026

Attribution

Data from openstates_api_sync, retrieved 2026-11-06T09:58:54.204311Z

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