2025 Regular SessionHawaii Legislature

SB1464: Relating To Conformity To The Internal Revenue Code.

Legislative Summary

Conforms Hawaii income and estate and generation-skipping transfer tax laws to the Internal Revenue Code of 1986, as amended as of December 31, 2024. (CD1)

Demographic Impact

Overall analysis of equity impact

Neutral
Low Confidence

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Bill History

1/21/2025
Pending Introduction.
Senate
1/23/2025
Introduced and passed First Reading.
Senate
1/27/2025
Referred to WAM.
Senate
2/7/2025
The committee(s) on WAM has scheduled a public hearing on 02-12-25 10:00AM; Conference Room 211 & Videoconference.
Senate
2/12/2025
The committee(s) on WAM recommend(s) that the measure be PASSED, UNAMENDED. The votes in WAM were as follows: 13 Aye(s): Senator(s) Dela Cruz, Moriwaki, Aquino, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
Senate
2/18/2025
Reported from WAM (Stand. Com. Rep. No. 675) with recommendation of passage on Second Reading and placement on the calendar for Third Reading.
Senate
2/18/2025
Report adopted; Passed Second Reading.
Senate
2/18/2025
One Day Notice 02-19-25.
Senate
2/19/2025
Passed Third Reading. Ayes, 22; Aye(s) with reservations: none. Noes, 0 (none). Excused, 3 (Senator(s) Gabbard, Kouchi, Richards). Transmitted to House.
Senate
2/19/2025
Received from Senate (Sen. Com. No. 11).
House of Representatives
2/27/2025
Pass First Reading
House of Representatives
2/28/2025
Referred to FIN, referral sheet 17
House of Representatives
3/24/2025
Bill scheduled to be heard by FIN on Thursday, 03-27-25 2:00PM in House conference room 308 VIA VIDEOCONFERENCE.
House of Representatives
3/27/2025
The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 13 Ayes: Representative(s) Yamashita, Takenouchi, Grandinetti, Holt, Keohokapu-Lee Loy, Kitagawa, Kusch, Lamosao, Lee, M., Miyake, Morikawa, Templo, Reyes Oda; Ayes with reservations: none; 0 Noes: none; and 3 Excused: Representative(s) Hussey, Alcos, Ward.
House of Representatives
4/4/2025
Reported from FIN (Stand. Com. Rep. No. 1946) as amended in HD 1, recommending passage on Second Reading and placement on the calendar for Third Reading.
House of Representatives
4/4/2025
Passed Second Reading as amended in HD 1; placed on the calendar for Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Kapela excused (2).
House of Representatives
4/8/2025
Passed Third Reading with none voting aye with reservations; Representative(s) Iwamoto voting no (1) and Representative(s) Cochran, Marten excused (2). Transmitted to Senate.
House of Representatives
4/10/2025
Received from House (Hse. Com. No. 693).
Senate
4/10/2025
Senate disagrees with House amendments.
Senate
4/10/2025
Received notice of disagreement (Sen. Com. No. 779).
House of Representatives
4/14/2025
House Conferees Appointed: Yamashita Chair; Takenouchi, Reyes Oda.
House of Representatives
4/15/2025
Received notice of appointment of House conferees (Hse. Com. No. 731).
Senate
4/21/2025
Senate Conferees Appointed: Moriwaki Chair; Hashimoto, Wakai, Fevella.
Senate
4/21/2025
Received notice of Senate conferees (Sen. Com. No. 848).
House of Representatives
4/21/2025
Senate Conferees Discharged: Senator Hashimoto discharged as Conferee.
Senate
4/21/2025
Received notice of change in Senate conferees (Sen. Com. No. 852).
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 of the Senate Conference Managers were as follows: 3 Aye(s): Senator(s) Moriwaki, Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
Senate
4/23/2025
The Conference Committee recommends that the measure be Passed, with Amendments. The votes were as follows: 3 Ayes: Representative(s) Yamashita, Takenouchi, Reyes Oda; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none.
House of Representatives
4/24/2025
Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 17).
Senate
4/24/2025
48 Hrs. Notice (as amended CD 1) 04-30-25
Senate
4/24/2025
Reported from Conference Committee (Conf Com. Rep. No. 17) as amended in (CD 1).
House of Representatives
4/24/2025
Forty-eight (48) hours notice Wednesday, 04-30-25.
House of Representatives
4/30/2025
Passed Final Reading, as amended (CD 1). Ayes, 25; Aye(s) with reservations: none . 0 No(es): none. 0 Excused: none.
Senate
4/30/2025
Passed Final Reading as amended in CD 1 with none voting aye with reservations; Representative(s) Iwamoto voting no (1) and Representative(s) Cochran, Pierick excused (2).
House of Representatives
5/1/2025
Received notice of Final Reading (Sen. Com. No. 888).
House of Representatives
5/2/2025
Received notice of passage on Final Reading in House (Hse. Com. No. 821).
Senate
5/2/2025
Enrolled to Governor.
Senate
5/29/2025
Act 123, 05/29/2025 (Gov. Msg. No. 1223).
Senate
5/29/2025
Act 123, on 05/29/2025 (Gov. Msg. No. 1223).
House of Representatives

Roll Call Votes

House Conference: Passed, With Amendments
4/23/2025
3
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Senate Conference: Passed, With Amendments
4/23/2025
3
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Senate Ways and Means: Passed, Unamended
2/12/2025
13
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED

Status Information

Current Status
Passed(5/29/2025)
Chamber
House of Representatives

Sponsors

Democrat: 1

Primary Sponsor

Ronald Kouchi
Ronald Kouchi
Democrat

Documents

Amended
Bill Text4/24/202514.0 KB
Amended
Bill Text4/3/202514.0 KB
Introduced
Bill Text1/28/202516.2 KB
Misc
Misc4/24/202572.2 KB
Misc
Misc4/4/2025232.4 KB
Misc
Misc3/26/2025185.0 KB
Misc
Misc2/14/202556.7 KB
Misc
Misc2/11/2025183.4 KB