Bill Commons

HI SB 313

died on adjournment

RELATING TO A WEALTH ASSET TAX.

Hawaii · 2026 Regular Session · upper

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Quick answers

Did HI SB 313 pass?

No. HI SB 313 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 SB 313 about?

Beginning January 1, 2030, 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. Effective 4/23/2057. (SD1)

Who sponsors HI SB 313?

RHOADS is the primary sponsor of HI SB 313.

Description

Beginning January 1, 2030, 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. Effective 4/23/2057. (SD1)

Introduced
2025-01-15
Latest action
2025-12-08 — Carried over to 2026 Regular Session.
Bill type
bill
Last updated
—

Subjects

Sponsors

  • RHOADSprimary

Committees

Not provided by source.

Action timeline

Newest first

  1. 2025-12-08

    Carried over to 2026 Regular Session.

    carried-over

  2. 2025-02-12

    Reported from JDC (Stand. Com. Rep. No. 359) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.

  3. 2025-02-12

    Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

    reading-2,referral-committee

  4. 2025-01-30

    The committee(s) on JDC recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in JDC were as follows: 5 Aye(s): Senator(s) Rhoads, Gabbard, Awa; Aye(s) with reservations: Senator(s) Chang, San Buenaventura ; 0 No(es): none; and 0 Excused: none.

    committee-passage-favorable

  5. 2025-01-27

    The committee(s) on JDC has scheduled a public hearing on 01-30-25 9:15AM; Conference Room 016 & Videoconference.

  6. 2025-01-21

    Referred to JDC, WAM.

    referral-committee

  7. 2025-01-15

    Introduced and passed First Reading.

    introduction,reading-1

  8. 2025-01-14

    Pending Introduction.

Versions

Documents

Votes

  • The committee(s) on JDC recommend(s) that the measure be PASSED, WITH AMENDMENTS.

    2025-01-30 · pass · 5-0

    Member-level votes (5)
    • Rhoads: yes
    • Gabbard: yes
    • Awa: yes
    • Chang: yes
    • San Buenaventura: yes

Related bills

Official source

https://capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=313&year=2026

Attribution

Data from openstates_api_sync, retrieved 2026-11-03T13:29:05.036138Z

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