HB 577 Hawaii House · 2025 Regular Session

RELATING TO TAXATION.

Summary

Authorizes a tax credit for businesses that pay the public transportation costs of employees. Requires reports to the Legislature. Applies for taxable years beginning after 12/31/2025 but not beginning after 12/31/2029. Effective 7/1/3000. (HD2)

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2025

Committee Review

Floor Vote

Governor

Introduced Jan 17, 2025 Last action Feb 12, 2025

Maddy AI version diff · 2 comparisons

What changed between versions

HB577_HD1 → HB577_HD2 · 3 edits

MINOR

The bill was amended to change the effective date from July 1, 3000 to July 1, 2025, and to add a placeholder for the tax credit percentage in subsection (c). The substantive policy content regarding eligibility, credit amounts, and reporting requirements remains the same, but the effective date change is critical as it would delay implementation by decades.

Scope change

The bill's effective date was changed from July 1, 3000 to July 1, 2025, which would bring the tax credit program into effect much sooner than originally written.

TIMELINE

The effective date was changed from July 1, 3000 to July 1, 2025, making the tax credit available for taxable years beginning after December 31, 2025.

TECHNICAL

Subsection (c) was modified to include a placeholder for the tax credit percentage, which needs to be filled in before the bill can be enacted.

Several lines of metadata and formatting information were added to the document, likely from the legislative drafting system.

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Feb 12, 2025

Committee

Report adopted; referred to the committee(s) on FIN as amended in HD 2 with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Sayama, Ward excused (3).

lower

Feb 12, 2025

Committee

Reported from ECD (Stand. Com. Rep. No. 499) as amended in HD 2, recommending referral to FIN.

lower

Feb 7, 2025

Lower · Passed

The committee on ECD recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Ilagan, Hussey, Holt, Tam, Templo, Todd, Matsumoto; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none.

lower

Feb 4, 2025

Committee

Reported from TRN (Stand. Com. Rep. No. 76) as amended in HD 1, recommending passage on Second Reading and referral to ECD.

lower

Jan 28, 2025

Lower · Passed

The committee on TRN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 8 Ayes: Representative(s) Kila, Grandinetti, Evslin, Kitagawa, La Chica, Miyake, Muraoka, Pierick; Ayes with reservations: none; 0 Noes: none; and 1 Excused: Representative(s) Cochran.

lower

Jan 21, 2025

Committee

Referred to TRN, ECD, FIN, referral sheet 2

lower

Jan 21, 2025

Introduced

Introduced and Pass First Reading.

lower

Jan 17, 2025

Introduced

Pending introduction.

lower

4 primary · 1 co-sponsor