RELATING TO CAPITAL GAINS.

Increases the capital gains tax threshold from 7.25 per cent to 9 per cent. Increases the alternative capital gains tax for corporations from 4 per cent to 5 per cent. Applies to tax years beginning after 12/31/2022. Effective 6/30/3000. (HD1)

Voted 12/11/2023

Roll-call record

How representatives voted

4 yea·2 nay·1 other

Sean Quinlan
State Representative · Democratic · HI
Yea
Daniel Holt
State Representative · HI
Yea
Nadine Nakamura
State Representative · Democratic · HI
Yea
Rachele Lamosao
State Senator · Democratic · HI
Yea
Elijah Pierick
State Representative · Republican · HI
Nay
Sam Kong
State Representative · Democratic · HI
Nay
Natalia Hussey-Burdick
State Representative · HI
ABSENT

Docket history

Action history

12/11/2023Carried over to 2024 Regular Session.
2/8/2023Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with Representative(s) Matsumoto voting aye with reservations; Representative(s) Alcos, Garcia, Kong, Pierick, Ward voting no (5) and none excused (0).
2/8/2023Reported from ECD (Stand. Com. Rep. No. 169) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
2/3/2023The committee on ECD recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 4 Ayes: Representative(s) Holt, Lamosao, Nakamura, Quinlan; Ayes with reservations: none; 2 Noes: Representative(s) Kong, Pierick; and 1 Excused: Representative(s) Hussey-Burdick.
2/1/2023Bill scheduled to be heard by ECD on Friday, 02-03-23 10:00AM in House conference room 423 VIA VIDEOCONFERENCE.
1/25/2023Referred to ECD, FIN, referral sheet 1
1/20/2023Introduced and Pass First Reading.
1/19/2023Pending introduction.