HB 759

Hawaii House bill in Session 2026.

Status: in_committee. Latest action: January 21, 2025.

Taxation; Corporations; Combined Reporting; State-by-state Reporting; Department of Taxation; Corporate Tax Law Task Force.

Bill ID HI-2026-HB-759
Session 2026
Status in_committee
Committee ECD, CPC, FIN
House in_committee 2025-01-21
Tax / Budget / Appropriations
Summary

Part I: Effective 1/1/2026, requires corporations to include in their income the income of all foreign subsidiaries to the State; applies the State's apportionment formula to determine the share of reported profits subject to the appropriate tax, which shall be deposited into the state general fund; and requires corporations to report all profits, losses, revenues, and inter-company transactions made and all taxes paid in other states. Part II: Establishes within DOTAX a Corporate Tax Law Task Force to annually review the State's corporate tax laws and recommend updates to close tax loopholes.

Sponsor
Amy A. Perruso
Official Source Back to Bills
Actions Timeline
Date Event Detail
0000-00-00 Introduced Bill introduced
2025-01-21 Status in_committee
2025-01-21 Latest Action Referred to ECD, CPC, FIN, referral sheet 2
More Bills From This Sponsor
HB 1548 HD1 SD1 CD1
Penal Code; Misdemeanors; Sentencing; Nonviolent Offenses
enacted • House
HB 2443 HD1 SD1 CD1
HIEMA; Individuals with Disabilities; Access and Functional Needs; Emergency Planning; Position; Appropriations
enacted • House
HB 2207 HD2 SD2 CD1
DAB; Rules; Fine Mesh Nets; Monofilament Netting; Coconut Rhinoceros Beetle
enacted • House
HB 1962 HD2 SD1
Parentage Proceedings; Divorce Proceedings; Domestic Abuse; Mediation
enacted • House
HB 1875 HD2 SD2
Gender-Affirming Health Care Services; Reproductive Health Care Services; Protections; Abusive Litigation; Medical Malpractice Insurance; Health Carriers; Protected Health Information; Covered Entities
enacted • House
HB 469 HD2 SD2
DCAB; Disability Travel Placard; Disabled Persons Parking
enacted • House
More Bills In This Topic
HB 1838 HD2 SD1 CD1
AG; U or T Visa Certification; Uniform Statewide Requirements; Certifying Entities; Certifying Officials; Policies and Processes; Training
enacted • House
HB 2050 HD1 SD1 CD1
Campaign Spending Commission Package; Partial Public Financing; Appropriation
enacted • House
HB 2094 HD1 SD1 CD1
Judiciary Package; Jury Duty; Juror and Prospective Juror Compensation; Appropriation
enacted • House
SB 2543 SD2 HD2 CD1
DAGS; DOE; Office of the State Construction Manager; Pilot Program; Design Review Special Fund; Positions; Appropriation
enacted • Senate
SB 2613 SD1 HD3 CD1
DOE; BLNR; Department of Land and Natural Resources; City and County of Honolulu; County of Kauai; Public Schools; Land Transfer
enacted • Senate
HB 1800 HD1 SD1 CD1
State Budget; Executive Supplemental Budget
vetoed • House
Related Topics
Education
346 shared bills
Business / Commerce
274 shared bills
Housing
186 shared bills
Agriculture
169 shared bills
Transportation
154 shared bills
Same Topic Bills From Other States
SB 160
Reckless Stunt Driving; a motor vehicle involved in a second offense of reckless stunt driving; replace the forfeiture penalty
Georgia • 1033 • enacted
HB 4028
Relating to sales tax on construction materials
West Virginia • 2026RS • enacted
HB 381
An Act relating to the taxation of certain natural gas project property and related facilities; relating to local contributions for public school funding; relating to municipal property taxes; relating to the Alaska Gasline Development Corporation and funds of the Alaska Gasline Development Corporation; relating to reporting requirements for natural gas pipeline projects; creating the Alaska affordable heating fuel fund; relating to approval of contracts by the Regulatory Commission of Alaska and inflation adjustment of the maximum price of natural gas; establishing an income tax on certain entities producing or transporting oil or gas in the state; relating to an alternative volumetric tax on natural gas throughput; relating to a municipal impact grant program and fund; relating to agreements and a payment related to a natural gas project; and providing for an effective date.
Alaska • 34 • enacted
HB 6131
Public utilities: rates; disclosure of uses of increased revenue; require to be provided with rate increase requests.
Michigan • 2025-2026 • in_committee
SB 595
Various Revenue Laws Changes.
North Carolina • 2025 • unknown
HB 2
Subtraction Modification - Public Safety Retirement Income
Maryland • 2026 • introduced