HB 796 Hawaii House · 2025 Regular Session

RELATING TO TAX CREDITS.

Summary

Requires that income tax credits existing on 12/31/2025 or established or renewed after 12/31/2025 include a 5-year sunset or an annual one-third reduction, beginning with the 6th year of the credit. (CD1)

Issues: ✗ Budget & Taxes

Bill status vetoed 4 of 5 stages cleared

Introduction

Jan 2025

Committee Review

Apr 2025

House Passage

Apr 2025

Senate Passage

Apr 2025

Vetoed

Jul 2025

Introduced Jan 17, 2025 Vetoed Jul 3, 2025

Maddy AI version diff · 3 comparisons

What changed between versions

HB796_HD1 → HB796_SD1 · 4 edits

MODERATE

The bill text was reformatted from a House Draft (HD1) to a Senate Draft (SD1) version, with the main substantive change being the expansion of the sunset provision to apply to tax credits that already existed on December 31, 2025, not just those established or renewed after that date. The effective date was also clarified to apply to taxable years beginning after December 31, 2025.

Scope change

The bill now applies to both existing tax credits on December 31, 2025 and new credits established or renewed after that date, whereas the original version only applied to credits established or renewed after December 31, 2025.

SCOPE

Expanded applicability to include tax credits that existed on December 31, 2025, in addition to those established or renewed after that date

TIMELINE

Added clarification that the Act applies to taxable years beginning after December 31, 2025

EXEMPTIONS

Added exemption for section 235-15 and income tax credits codified under part III of the chapter

TECHNICAL

Changed document version from House Draft (HD1) to Senate Draft (SD1) with associated metadata updates

Floor votes

How they voted

This bill passed the Senate by voice vote (no roll call recorded).

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Jul 3, 2025

Vetoed

Vetoed (Gov. Msg. No. 1400).

lower

Jul 3, 2025

Vetoed

Vetoed on 07/03/2025 - Returned from the Governor without approval (Gov. Msg. No. 1400).

upper

Jun 6, 2025

Vetoed

Notice of intent to veto (Gov. Msg. No. 1301)

lower

Jun 6, 2025

Vetoed

Notice of Intent to veto dated 06/06/2025 (Gov. Msg. No. 1301)

upper

Apr 30, 2025

Lower · Passed

Passed Final Reading as amended in CD 1 with Representative(s) Kila, Lamosao, Marten voting aye with reservations; Representative(s) Alcos, Amato, Belatti, Evslin, Garcia, Garrett, Grandinetti, Hussey, Ilagan, Iwamoto, Kapela, La Chica, Lowen, Matsumoto, Muraoka, Perruso, Pierick, Poepoe, Reyes Oda, Shimizu, Souza, Tam voting no (22) and Representative(s) Cochran excused (1).

lower

Apr 30, 2025

Upper · Passed

Passed Final Reading, as amended (CD 1). Ayes, 23; Aye(s) with reservations: Senator(s) San Buenaventura. Noes, 2 (Senator(s) Awa, DeCorte). Excused, 0 (none).

upper

Apr 25, 2025

Introduced

48 Hrs. Notice (as amended CD 1) 04-30-25

upper

Apr 25, 2025

Upper · Passed

Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 245).

upper

Apr 25, 2025

Lower · Passed

Reported from Conference Committee (Conf Com. Rep. No. 245) as amended in (CD 1).

lower

Apr 23, 2025

Upper · Passed

The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. The votes of the Senate Conference Managers were as follows: 3 Aye(s): Senator(s) Hashimoto, Moriwaki, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

upper

Apr 23, 2025

Lower · Passed

The Conference Committee recommends that the measure be Passed, with Amendments. The votes were as follows: 3 Ayes: Representative(s) Yamashita, Ilagan; Ayes with reservations: Representative(s) Matsumoto; 0 Noes: none; and 0 Excused: none.

lower

Apr 22, 2025

Lower · Passed

Bill scheduled for Conference Committee Meeting on Wednesday, 04-23-25 10:30AM in conference room 309.

lower

Apr 17, 2025

Committee

Re-referred to FIN, referral sheet 33

lower

Apr 10, 2025

Amended

House disagrees with Senate amendment (s).

lower

Apr 8, 2025

Introduced

Returned from Senate (Sen. Com. No. 678) in amended form (SD 1).

lower

Apr 8, 2025

Upper · Passed

Passed Third Reading, as amended (SD 1). Ayes, 24; Aye(s) with reservations: Senator(s) McKelvey, Moriwaki, San Buenaventura. Noes, 1 (Senator(s) Awa). Excused, 0 (none). Transmitted to House.

upper

Apr 1, 2025

Upper · Passed

The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 11 Aye(s): Senator(s) Dela Cruz, Moriwaki, Aquino, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) DeCoite, Wakai.

upper

Mar 25, 2025

Upper · Passed

The committee(s) on WAM has scheduled a public hearing on 03-28-25 10:00AM; Conference Room 211 & Videoconference.

upper

Mar 4, 2025

Committee

Referred to WAM.

upper

Mar 4, 2025

Introduced

Received from House (Hse. Com. No. 127).

upper

Feb 28, 2025

Lower · Passed

Passed Third Reading with Representative(s) Amato, Belatti, Grandinetti, Kapela, Perruso, Souza voting aye with reservations; Representative(s) Alcos, Garcia, Iwamoto, Matsumoto, Muraoka, Reyes Oda, Shimizu voting no (7) and Representative(s) Cochran, Pierick, Templo, Ward excused (4). Transmitted to Senate.

lower

Feb 24, 2025

Lower · Passed

The committee on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 14 Ayes: Representative(s) Yamashita, Takenouchi, Holt, Keohokapu-Lee Loy, Kitagawa, Kusch, Lamosao, Lee, M., Miyake, Morikawa, Templo; Ayes with reservations: Representative(s) Grandinetti, Hussey, Reyes Oda; 1 Noes: Representative(s) Alcos; and 1 Excused: Representative(s) Ward.

lower

Feb 11, 2025

Committee

Reported from ECD (Stand. Com. Rep. No. 337) as amended in HD 1, recommending passage on Second Reading and 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, Holt, Templo, Todd; Ayes with reservations: Representative(s) Hussey, Tam, Matsumoto; Noes: none; and Excused: none.

lower

Jan 21, 2025

Committee

Referred to ECD, FIN, referral sheet 2

lower

Jan 21, 2025

Introduced

Introduced and Pass First Reading.

lower

Jan 17, 2025

Introduced

Pending introduction.

lower

1 primary · 0 co-sponsors