Hawaii House Bill 2653
Session 2024
Relating To The Estate Tax.
Active
Passed Senate on Apr 9, 2024
Sponsors
2 Sponsors
Scott K. Saiki
Kyle T. Yamashita
First Action
Jan 23, 2024
Latest Action
Apr 16, 2024
Origin Chamber
House
Type
Bill
Bill Number
2653
State
Hawaii
Session
2024
checkPassed on February 27, 2024
Motion Text
The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS.
House Roll Call Votes
Summary
Conforms Hawaii 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 Hawaii economy and assist families to retain the ownership interest in their family businesses. Effective 7/1/3000. (SD1)
Sort by most recent
04/16/2024
Senate
Senate Conferees Appointed: Keohokalole Chair; Kim Co-Chair; Richards, Awa.
04/16/2024
House
Received notice of Senate conferees (Sen. Com. No. 683).
04/12/2024
Senate
Received notice of disagreement (Hse. Com. No. 731).
04/11/2024
House
House disagrees with Senate amendment (s).
04/09/2024
Senate
Report 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.
04/09/2024
House
Returned from Senate (Sen. Com. No. 655) in amended form (SD 1).
04/05/2024
Senate
The 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.
04/05/2024
Senate
Reported from WAM (Stand. Com. Rep. No. 3818) with recommendation of passage on Third Reading.
04/05/2024
Senate
One Day Notice 04-09-24.
04/04/2024
Senate
Public notice requirement waived pursuant to Senate Rule 21.
04/04/2024
Senate
The committee(s) on WAM will hold a public decision making on 04-05-24 10:20AM; CR 211 & Videoconference.
03/22/2024
Senate
Reported from CPN (Stand. Com. Rep. No. 3288) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
03/22/2024
Senate
Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
03/19/2024
Senate
The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 4 Aye(s): Senator(s) Keohokalole, Fukunaga, Richards; Aye(s) with reservations: Senator(s) McKelvey ; 0 No(es): none; and 1 Excused: Senator(s) Awa.
03/14/2024
Senate
The committee(s) on CPN deferred the measure until 03-19-24 9:45AM; Conference Room 229.
03/08/2024
Senate
The committee(s) on CPN has scheduled a public hearing on 03-14-24 9:30AM; CR 229 & Videoconference.
03/07/2024
Senate
Received from House (Hse. Com. No. 425).
03/07/2024
Senate
Passed First Reading.
03/07/2024
Senate
Referred to CPN, WAM.
03/05/2024
House
Passed Third Reading with Representative(s) Belatti voting aye with reservations; Representative(s) Ganaden, Hussey-Burdick, Kapela, Kila, Perruso, Poepoe voting no (6) and Representative(s) Cochran, Woodson excused (2). Transmitted to Senate.
03/01/2024
House
Reported from FIN (Stand. Com. Rep. No. 751-24) as amended in HD 1, recommending passage on Second Reading and placement on the calendar for Third Reading.
03/01/2024
House
Passed Second Reading as amended in HD 1; placed on the calendar for Third Reading with Representative(s) Belatti voting aye with reservations; Representative(s) Hussey-Burdick, Kapela, Perruso, Poepoe voting no (4) and Representative(s) Cochran, Ichiyama, Matayoshi, Quinlan, Woodson excused (5).
02/27/2024
House
The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 15 Ayes: Representative(s) Yamashita, Kitagawa, Chun, Garrett, Kahaloa, Morikawa, Nishimoto, Takenouchi, Alcos, Ward; Ayes with reservations: Representative(s) Aiu, Kila, Kobayashi, Lamosao, Poepoe; Noes: none; and 1 Excused: Representative(s) Cochran.
02/23/2024
House
Bill scheduled to be heard by FIN on Tuesday, 02-27-24 10:00AM in House conference room 308 VIA VIDEOCONFERENCE.
01/26/2024
House
Referred to FIN, referral sheet 3
01/24/2024
House
Introduced and Pass First Reading.
01/23/2024
House
Pending introduction.
Sources
HI Legislature
Open States
Record Created
Jan 24, 2024 1:50:57 PM
Record Updated
May 26, 2024 12:47:57 PM