Legislative record

HB 2653STATE · HawaiiIntroduced

RELATING TO THE ESTATE TAX.

Conforms Hawaiʻi estate tax laws to the operative provisions of the Internal Revenue Code to decrease the burden on taxpayers and increase efficiencies in the Department of Taxation's monitoring and auditing of estate tax returns. Establishes an estate tax deduction for the value of closely held business interests that will help ensure that locally-owned family businesses can continue to contribute to the Hawaiʻi economy and assist families to retain the ownership interest in their family businesses. Effective 7/1/3000. (SD1)

Voted 4/16/2024

Roll-call record

How representatives voted

30 yea·0 nay·4 other

Docket history

Action history

  1. 4/16/2024Received notice of Senate conferees (Sen. Com. No. 683).
  2. 4/16/2024Senate Conferees Appointed: Keohokalole Chair; Kim Co-Chair; Richards, Awa.
  3. 4/12/2024Received notice of disagreement (Hse. Com. No. 731).
  4. 4/11/2024House disagrees with Senate amendment (s).
  5. 4/9/2024Returned from Senate (Sen. Com. No. 655) in amended form (SD 1).
  6. 4/9/2024Report Adopted; Passed Third Reading. Ayes, 23; Aye(s) with reservations: Senator(s) Shimabukuro. Noes, 2 (Senator(s) Chang, Rhoads). Excused, 0 (none). Transmitted to House.
  7. 4/5/2024One Day Notice 04-09-24.
  8. 4/5/2024Reported from WAM (Stand. Com. Rep. No. 3818) with recommendation of passage on Third Reading.
  9. 4/5/2024The committee(s) on WAM recommend(s) that the measure be PASSED, UNAMENDED. The votes in WAM were as follows: 11 Aye(s): Senator(s) Dela Cruz, Moriwaki, Aquino, DeCoite, Hashimoto, Inouye, Kanuha, Kim, Lee, Shimabukuro, Wakai; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Kidani, Fevella.
  10. 4/4/2024The committee(s) on WAM will hold a public decision making on 04-05-24 10:20AM; CR 211 & Videoconference.