Budget & Taxes (Revenue)

Excludes the sale of a motor vehicle to a lessor of rental motor vehicles for use as a rental motor vehicle as a sale at wholesale. Imposes the maximum allowable excise tax on the use of tangible personal property in the State for the importation or purchase of a motor vehicle by a lessor of rental motor vehicles for use as a rental motor vehicle. Establishes a Teacher Temporary Hazard Pay Special Fund to pay a temporary hazard pay bonus to certain eligible teachers. Beginning 7/1/2026 until 7/1/2030, deposits the additional tax revenue generated by this Act into the Teacher Temporary Hazard Pay Special Fund. Effective 7/1/3000. Sunsets 7/1/2030. (HD1)

Authorizes a 10-year renewable license for a social gaming facility in a special district designated for tourism. Allows admission and participation for adults. Non-residents shall be required to apply for guest membership. Establishes the Hawaii social gaming control commission to monitor and measure operational activities as well as collect and distribute tax revenue from social game operations. Imposes a consumption tax on every hand and every contest. Uses revenue for housing developments for currently houseless Native Hawaiian residents.

Eliminates the Hawaii state income tax starting with the 2028 taxable year. Requires the Department of Taxation to submit a report to address the expected tax revenue shortfall and to propose conforming amendments to the Hawaii Revised Statutes.