2025 Regular Session • Hawaii Legislature
HB796: Relating To Tax Credits.
Legislative 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)
Demographic Impact
Overall analysis of equity impact
Neutral
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Bill History
1/17/2025
Pending introduction.
House of Representatives
1/21/2025
Introduced and Pass First Reading.
House of Representatives
1/21/2025
Referred to ECD, FIN, referral sheet 2
House of Representatives
2/4/2025
Bill scheduled to be heard by ECD on Friday, 02-07-25 10:15AM in House conference room 423 VIA VIDEOCONFERENCE.
House of Representatives
2/7/2025
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.
House of Representatives
2/11/2025
Reported from ECD (Stand. Com. Rep. No. 337) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
House of Representatives
2/11/2025
Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with Representative(s) Perruso voting aye with reservations; Representative(s) Alcos, Garcia, Muraoka, Pierick voting no (4) and Representative(s) Cochran, Ward excused (2).
House of Representatives
2/21/2025
Bill scheduled to be heard by FIN on Monday, 02-24-25 10:00AM in House conference room 308 VIA VIDEOCONFERENCE.
House of Representatives
2/24/2025
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.
House of Representatives
2/28/2025
Reported from FIN (Stand. Com. Rep. No. 986), recommending passage on Third Reading.
House of Representatives
2/28/2025
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.
House of Representatives
3/4/2025
Received from House (Hse. Com. No. 127).
Senate
3/4/2025
Passed First Reading.
Senate
3/4/2025
Referred to WAM.
Senate
3/25/2025
The committee(s) on WAM has scheduled a public hearing on 03-28-25 10:00AM; Conference Room 211 & Videoconference.
Senate
3/28/2025
The committee(s) on WAM deferred the measure until 04-01-25 10:00AM; Conference Room 211 & Videoconference.
Senate
4/1/2025
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.
Senate
4/3/2025
Reported from WAM (Stand. Com. Rep. No. 1668) with recommendation of passage on Second Reading, as amended (SD 1) and placement on the calendar for Third Reading.
Senate
4/3/2025
Report adopted; Passed Second Reading, as amended (SD 1).
Senate
4/3/2025
48 Hrs. Notice 04-08-25.
Senate
4/8/2025
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.
Senate
4/8/2025
Returned from Senate (Sen. Com. No. 678) in amended form (SD 1).
House of Representatives
4/10/2025
House disagrees with Senate amendment (s).
House of Representatives
4/11/2025
Received notice of disagreement (Hse. Com. No. 704).
Senate
4/17/2025
Re-referred to FIN, referral sheet 33
House of Representatives
4/17/2025
House Conferees Appointed: Yamashita Chair; Ilagan, Matsumoto.
House of Representatives
4/21/2025
Received notice of appointment of House conferees (Hse. Com. No. 755).
Senate
4/21/2025
Senate Conferees Appointed: Hashimoto Chair; Moriwaki, Fevella.
Senate
4/21/2025
Received notice of Senate conferees (Sen. Com. No. 847).
House of Representatives
4/22/2025
Bill scheduled for Conference Committee Meeting on Wednesday, 04-23-25 10:30AM in conference room 309.
House of Representatives
4/23/2025
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.
House of Representatives
4/23/2025
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.
Senate
4/25/2025
Reported from Conference Committee (Conf Com. Rep. No. 245) as amended in (CD 1).
House of Representatives
4/25/2025
Forty-eight (48) hours notice Wednesday, 04-30-25.
House of Representatives
4/25/2025
Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 245).
Senate
4/25/2025
48 Hrs. Notice (as amended CD 1) 04-30-25
Senate
Roll Call Votes
Senate Conference: Passed, With Amendments
4/23/2025
3
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
House Conference: Passed, With Amendments
4/23/2025
3
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Senate Ways and Means: Passed, With Amendments
4/1/2025
11
Yea
0
Nay
0
Not Voting
2
Absent
Result: PASSED
Status Information
Current Status
Engrossed(2/28/2025)
Chamber
Senate
Sponsors
Democrat: 1
Primary Sponsor

Kyle Yamashita
Democrat