SB 313 SD1

Hawaii Senate bill in Session 2026.

Status: in_committee. Latest action: February 12, 2025.

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

Bill ID HI-2026-SB-313
Session 2026
Status in_committee
Committee JDC, WAM
Senate in_committee 2025-02-12
Tax / Budget / Appropriations
Summary

Beginning January 1, 2030, 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. Effective 4/23/2057. (SD1)

Sponsor
Karl Rhoads
Official Source Back to Bills
Actions Timeline
Date Event Detail
0000-00-00 Introduced Bill introduced
2025-02-12 Status in_committee
2025-02-12 Latest Action Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
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