Requires each purchasing agency to provide justification for hiring external consultants. Requires each agency to seek approval from the Legislature for consulting contracts exceeding a certain dollar amount. Requires annual reports to the Legislature. Requires the Compliance Audit Unit within the Office of the Auditor to conduct regular audits of agency consultant contracts to assess cost-effectiveness and compliance. Establishes exceptions. Requires each chief procurement officer to ensure that inherent government functions are not delegated to a contractor. Effective 1/1/2525. (SD2)
SB 2362 would eliminate a specific tax deduction for real estate investment trusts (REITs), requiring them to pay taxes on dividends they distribute to shareholders instead of deducting those payments. This change directly affects REITs, which are companies that own and operate real estate properties and typically rely on this deduction to reduce taxable income. The key provision removes the "dividends paid deduction" from the tax code, meaning REITs would no longer be able to subtract their dividend payments from their taxable earnings. This policy change would increase the tax burden on REITs without altering their operational structure.
Requires the Department of Education to implement financial literacy instruction into existing courses in public high schools that have sufficient overlap with financial literacy program standards beginning in the 2027-2028 school year. Requires the Board of Education to provide professional development to teachers. Authorizes the Board of Education to adopt rules. Appropriates funds. (SD1)
Establishes the Conservation and Agriculture Environmental Stewardship Pilot Program within the Department of Agriculture and Biosecurity. Requires a report to the Legislature. Appropriates funds. Repeals 6/30/28. Effective 7/1/2050. (SD1)
SB 1190 provides funding to the Hawaii Invasive Species Council to support its efforts in controlling and eradicating invasive species across the state. The bill directly affects the Council by allocating financial resources for its ongoing initiatives to protect Hawaii's native ecosystems and agriculture. Key provisions include appropriating state funds specifically for invasive species management programs, such as monitoring, removal, and prevention activities. This funding aims to strengthen the Council's capacity to address threats posed by non-native plants and animals.
SB 2310 allocates state funds to remove overgrown vegetation from Kainahola Stream. This bill directly affects the maintenance and ecological health of Kainahola Stream by authorizing the specific funding for vegetation removal. The key provision is the appropriation of money for this stream cleanup effort, with no additional policy changes or regulations. The bill is currently under review by the AEN/WLA committee, with a public hearing scheduled for February 11, 2026.
Establishes the position of the Hawaii Invasive Species Council Executive Director. Appropriates funds to the Department of Land and Natural Resources, rather than the Department of Agriculture and Biosecurity, for the HISC for fiscal year 2026-2027. Requires a report to the Legislature. Effective 7/1/2050. (SD1)
For taxable years beginning after 1/1/2027, establishes a nonrefundable income tax credit for certain agricultural investment costs incurred for agricultural activities conducted on Hawaiian home lands. Effective 7/1/2050. (SD1)
SB 2741 would gradually remove the state's general excise tax from locally produced food items, such as farm-fresh produce and meals prepared by local restaurants. The bill phases in this tax exemption over time, starting with certain food categories and expanding to others in subsequent years. This change directly affects local food producers (like farms and small eateries) and consumers purchasing these items, reducing their tax burden. The bill is currently in early stages (introduced January 23, 2026) and has not yet been voted on by the legislature.
Increases the Environmental Response, Energy, and Food Security Tax and the amount collected from the tax that is deposited into the Electric Vehicle Charging System Subaccount. Effective 7/1/2050. (SD1)