Bill Commons

HI HB 476

died on adjournment

RELATING TO CAPITAL GAINS TAX.

Hawaii · 2026 Regular Session · lower

Description

Amends the capital gains tax rate for individuals, estates, and trusts. Amends the alternative capital gains tax for corporations. Effective 7/1/2050. (SD1)

Introduced
2025-01-21
Status date
Latest action
2025-12-08 — Carried over to 2026 Regular Session.
Bill type
bill
Last updated

Subjects

Sponsors

  • SAYAMAprimary
  • HOLTprimary
  • KILAprimary
  • MATAYOSHIprimary

Committees

Not provided by source.

Action timeline

  1. 2025-12-08

    Carried over to 2026 Regular Session.

    carried-over

  2. 2025-04-04

    Recommitted to WAM.

  3. 2025-04-04

    Reported from WAM (Stand. Com. Rep. No. 1742) with recommendation of passage on Second Reading, as amended (SD 1) and placement on the calendar for Third Reading.

  4. 2025-04-01

    The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 11 Aye(s): Senator(s) Dela Cruz, Moriwaki, Aquino, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Lee, C., Fevella; Aye(s) with reservations: Senator(s) Kim ; 0 No(es): none; and 2 Excused: Senator(s) DeCoite, Wakai.

    committee-passage-favorable

  5. 2025-03-28

    The committee(s) on WAM deferred the measure until 04-01-25 10:00AM; Conference Room 211 & Videoconference.

    deferral

  6. 2025-03-25

    The committee(s) on WAM has scheduled a public hearing on 03-28-25 10:00AM; Conference Room 211 & Videoconference.

  7. 2025-03-06

    Referred to WAM.

    referral-committee

  8. 2025-03-06

    Passed First Reading.

    reading-1

  9. 2025-03-06

    Received from House (Hse. Com. No. 246).

    introduction,receipt

  10. 2025-03-04

    Passed Third Reading as amended in HD 2 with Representative(s) Kila, Lamosao, Miyake voting aye with reservations; Representative(s) Alcos, Amato, Garcia, Kong, Matsumoto, Muraoka, Reyes Oda, Shimizu, Souza voting no (9) and Representative(s) Pierick, Ward excused (2). Transmitted to Senate.

    passage

  11. 2025-02-28

    Forty-eight (48) hours notice Tuesday, 03-04-25.

  12. 2025-02-28

    Reported from FIN (Stand. Com. Rep. No. 1166) as amended in HD 2, recommending passage on Third Reading.

  13. 2025-02-24

    The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 13 Ayes: Representative(s) Yamashita, Takenouchi, Grandinetti, Holt, Hussey, Kitagawa, Kusch, Lee, M., Morikawa, Templo; Ayes with reservations: Representative(s) Keohokapu-Lee Loy, Lamosao, Miyake; 2 Noes: Representative(s) Alcos, Reyes Oda; and 1 Excused: Representative(s) Ward.

    committee-passage-favorable

  14. 2025-02-21

    Bill scheduled to be heard by FIN on Monday, 02-24-25 10:00AM in House conference room 308 VIA VIDEOCONFERENCE.

  15. 2025-02-12

    Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with Representative(s) Amato voting aye with reservations; Representative(s) Alcos, Garcia, Kong, Matsumoto, Muraoka, Pierick, Reyes Oda, Shimizu voting no (8) and Representative(s) Cochran, Sayama, Ward excused (3).

    reading-2,referral-committee

  16. 2025-02-12

    Reported from ECD (Stand. Com. Rep. No. 498) as amended in HD 1, recommending passage on Second Reading and referral to FIN.

  17. 2025-01-29

    The committee on ECD recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Ilagan, Hussey, Holt, Tam, Templo, Todd; Ayes with reservations: Representative(s) Matsumoto; Noes: none; and Excused: none.

    committee-passage-favorable

  18. 2025-01-23

    Bill scheduled to be heard by ECD on Wednesday, 01-29-25 10:00AM in House conference room 423 VIA VIDEOCONFERENCE.

  19. 2025-01-21

    Referred to ECD, FIN, referral sheet 2

    referral-committee

  20. 2025-01-21

    Introduced and Pass First Reading.

    introduction,reading-1

  21. 2025-01-17

    Pending introduction.

Versions

Documents

Votes

  • The committee on ECD recommend that the measure be PASSED, WITH AMENDMENTS.

    2025-01-29 · pass · 7-0

    Member-level votes (7)
    • Ilagan: yes
    • Hussey: yes
    • Holt: yes
    • Tam: yes
    • Templo: yes
    • Todd: yes
    • Matsumoto: yes
  • The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS.

    2025-02-24 · pass · 13-2

    Member-level votes (17)
    • Yamashita: yes
    • Takenouchi: yes
    • Grandinetti: yes
    • Holt: yes
    • Hussey: yes
    • Kitagawa: yes
    • Kusch: yes
    • Lee: yes
    • M: yes
    • Morikawa: yes
    • Templo: yes
    • Keohokapu-Lee Loy: yes
    • Lamosao: yes
    • Miyake: yes
    • Alcos: no
    • Reyes Oda: no
    • Ward: not voting
  • The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS.

    2025-04-01 · pass · 11-0

    Member-level votes (14)
    • Dela Cruz: yes
    • Moriwaki: yes
    • Aquino: yes
    • Elefante: yes
    • Hashimoto: yes
    • Inouye: yes
    • Kanuha: yes
    • Kidani: yes
    • Lee: yes
    • C: yes
    • Fevella: yes
    • Kim: yes
    • DeCoite: not voting
    • Wakai: not voting

Related bills

No related bills recorded for this bill.

Official source

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:20:09.051962Z

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