HB 337 Hawaii House · 2023 Regular Session

RELATING TO CAPITAL GAINS.

Summary

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)

Bill status in committee 3 of 5 stages cleared

Introduction

Jan 2023

Committee Review

Feb 2023

House Passage

Feb 2023

Senate Passage

Governor

Introduced Jan 19, 2023 Last action Feb 8, 2023

Floor votes · House Feb 8, 2023

How they voted

44–5

Passed

Total votes 49

Feb 8, 2023

D Democratic41

40 Yea 1 Nay

97% Yea

R Republican7

3 Yea 4 Nay

57% Nay

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Feb 8, 2023

Committee

Reported from ECD (Stand. Com. Rep. No. 169) as amended in HD 1, recommending passage on Second Reading and referral to FIN.

lower

Feb 8, 2023

House · Passed

House Vote: pass (44-5)

house

Feb 3, 2023

Lower · Passed

The 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.

lower

Jan 25, 2023

Committee

Referred to ECD, FIN, referral sheet 1

lower

Jan 20, 2023

Introduced

Introduced and Pass First Reading.

lower

Jan 19, 2023

Introduced

Pending introduction.

lower

12 primary · 2 co-sponsors

Sponsors

Role

Legislator

Party

State

District

Natalia Hussey-Burdick