Status of 2019 Legislative Tax Measures

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Enclosed is our list of 2019 Legislative Tax Measures covered so far in this session.

The first page of the list is the list of bills introduced by the Executive Branch.  These are organized by agency:

  • BED = Dept. of Business, Economic Development, and Tourism
  • BUF = Dept. of Budget and Finance
  • CCA = Dept. of Commerce and Consumer Affairs
  • PSD = Dept. of Public Safety
  • TAX = Dept. of Taxation
  • TRN = Dept. of Transportation

Subsequent pages in the list are organized by tax type, and within tax type by bill number.

Numbers in strikethrough text are measures that appear to be dead, either because they missed a deadline or because they were deferred by a committee hearing the measure.  However, no measure is permanently dead until the legislative session adjourns.

Please use the category links (by tax type) or the search tools.

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SB 1292, HD-3

General Excise (HRS 237), Transient Accommodations Tax (HRS 237D)

SUBJECT:  GENERAL EXCISE, TRANSIENT ACCOMMODATIONS, Transient Accommodations Brokers as Tax Collection Agents

BILL NUMBER:  SB 1292, HD-3

INTRODUCED BY:  House Committee on Finance

EXECUTIVE SUMMARY:  Adds definitions to the TAT law. Amends the definition of “transient accommodations” to include additional forms of transient accommodations. Makes any person who fails to register with DOTAX subject to a citation process and monetary fines. Requires hosting platforms that collect fees for booking services to register as collection agents on behalf of its operators and plan manager for GET and TAT.

Continue reading SB 1292, HD-3 →

SB 1394, CD-1

Net Income (HRS 235)

SUBJECT:  INCOME, Historic Preservation Tax Credit

BILL NUMBER:  SB 1394, CD-1

INTRODUCED BY:  Conference Committee

EXECUTIVE SUMMARY:  Establishes a nonrefundable tax credit based on the qualified rehabilitation expenses of a historic structure.  The adoption of this credit would provide tax relief to taxpayers regardless of their need for tax relief. It also would shift the burden of paying for government to the rest of us.

Continue reading SB 1394, CD-1 →

SB 972, CD-1

Net Income (HRS 235)

SUBJECT:  INCOME, Ship Repair Industry Tax Credit

BILL NUMBER:  SB 972, CD-1

INTRODUCED BY:  Conference Committee

EXECUTIVE SUMMARY:  Establishes the ship repair industry income tax credit for non-profit entities to offset costs incurred to construct and put into service purpose-built floating drydocks at Pearl Harbor for use by the United States Navy. Claims for the ship repair industry income tax credit can be made annually after the drydock is put into service and until the credit is exhausted. Repeals the capital infrastructure tax credit (which was scheduled to sunset on Dec. 31, 2019 anyway).

Continue reading SB 972, CD-1 →

SB 301, CD-1

Net Income (HRS 235)

SUBJECT:  INCOME, Disallow REIT Deduction for Dividends Paid

BILL NUMBER:  SB 301, CD-1

INTRODUCED BY:  Conference Committee

EXECUTIVE SUMMARY:  This bill would disallow the dividends paid deduction that real estate investment trusts, or REITs, now enjoy.  The numerous REITs who now own and manage Hawaii real estate would be taxed like any other corporation doing business in Hawaii.

Continue reading SB 301, CD-1 →

SB 33, CD-1

Net Income (HRS 235)

SUBJECT:  INCOME, Increase Cap on Motion Picture Production Credit

BILL NUMBER:  SB 33, CD-1

INTRODUCED BY:  Conference Committee

EXECUTIVE SUMMARY:  Increases the aggregate cap on the motion picture, digital media, and film production income tax credit, which now is $35 million, to $50 million.  It may be possible to make the case that the benefits have outweighed the costs.

Continue reading SB 33, CD-1 →

SB 1405, CD-2

Tobacco (HRS 245)

SUBJECT:  TOBACCO, Confiscate E-Cigarettes from Students Under 21

BILL NUMBER:  SB 1405, CD-2

INTRODUCED BY:  House and Senate Floor Amendment

EXECUTIVE SUMMARY:  Requires public school teachers and educators to confiscate electronic cigarettes from students under 21 years of age. Requires the Department of Health to establish a Safe Harbor Program by which persons under the age of 21 may dispose of electronic cigarettes in their possession. Increases administrative fines for persons under the age of 21 for certain electronic smoking device infractions.

Continue reading SB 1405, CD-2 →

HB 1585, CD-1

Fuel (HRS 243)

SUBJECT:  FUEL, EV Charging System Rebate Program

BILL NUMBER:  HB 1585, CD-1

INTRODUCED BY:  Conference Committee

EXECUTIVE SUMMARY:  Establishes an electric vehicle charging system rebate program within the PUC that provides rebates to persons who install a new electric vehicle charging system or upgrade an existing electric vehicle charging system. Caps the total value of rebates issued each year at $500,000.

Continue reading HB 1585, CD-1 →

HB 333, CD-1

Miscellaneous

SUBJECT:  MISCELLANEOUS, Parking Violation Surcharge

BILL NUMBER:  HB 333, CD-1

INTRODUCED BY:  Conference Committee

EXECUTIVE SUMMARY:  Establishes the State Highway Enforcement Program within the Department of Transportation. Establishes a $200 parking violation surcharge to be imposed by courts in addition to other penalties and fines for parking violations on State highways.

Continue reading HB 333, CD-1 →