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Legislative record

HB 1850STATE · HawaiiIntroduced

RELATING TO CAPITAL GAINS TAX.

Taxes capital gains tax for individuals, estates, and trusts as ordinary income, except for capital gains that are eligible for a county homeowner's exemption. Repeals the alternative capital gains tax for corporations. Applies to taxable years beginning after 12/31/2026. Effective 7/1/3000. (HD2)

Voted 3/12/2026View source

Roll-call record

How representatives voted

22 yea·2 nay

Docket history

Action history

  1. 3/12/2026Referred to WAM.
  2. 3/12/2026Passed First Reading.
  3. 3/12/2026Received from House (Hse. Com. No. 299).
  4. 3/10/2026Passed Third Reading as amended in HD 2 with Representative(s) Reyes Oda, Souza voting aye with reservations; Representative(s) Alcos, Amato, Garcia, Gedeon, Kong, Matsumoto, Muraoka, Shimizu voting no (8) and Representative(s) Pierick excused (1). Transmitted to Senate.
  5. 3/6/2026Forty-eight (48) hours notice Tuesday, 03-10-26.
  6. 3/6/2026Reported from FIN (Stand. Com. Rep. No. 1117-26) as amended in HD 2, recommending passage on Third Reading.
  7. 3/3/2026The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 15 Ayes: Representative(s) Todd, Takenouchi, Hartsfield, Hussey, Keohokapu-Lee Loy, Kitagawa, Kusch, Lee, M., Miyake, Morikawa, Perruso, Templo, Yamashita; Ayes with reservations: Representative(s) Gedeon, Reyes Oda; 1 Noes: Representative(s) Alcos; and Excused: none.
  8. 3/2/2026Bill scheduled for decision making on Tuesday, 03-03-26 2:00PM in conference room 308 VIA VIDEOCONFERENCE.
  9. 3/2/2026The committee(s) on FIN recommend(s) that the measure be deferred until 03-03-26.
  10. 2/27/2026Bill scheduled to be heard by FIN on Monday, 03-02-26 2:00PM in House conference room 308 VIA VIDEOCONFERENCE.