HB 1235

Hawaii House bill in Session 2026.

Status: in_committee. Latest action: January 27, 2025.

Department of Taxation; Wealth Asset Tax; Wealth Tax; State Net Worth.

Bill ID HI-2026-HB-1235
Session 2026
Status in_committee
Committee FIN
House in_committee 2025-01-27
Tax / Budget / Appropriations
Summary

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.

Sponsor
Jeanne Kapela
Official Source Back to Bills
Actions Timeline
Date Event Detail
0000-00-00 Introduced Bill introduced
2025-01-27 Status in_committee
2025-01-27 Latest Action Referred to FIN, referral sheet 4
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