STATE BILLHI HB 2429PASSED

Relating To Tax Expenditure Evaluation.

Requires the Department of Business, Economic Development, and Tourism, in collaboration with the Department of Taxation, to study the effectiveness of tax expenditures, prepare summary descriptive statistics, submit annual reports to the Legislature, and develop appropriate schedules and tax return forms to collect adequate information for evaluation of tax expenditures. Authorizes Department of Business, Economic Development, and Tourism staff to access certain information on tax returns to conduct evaluations of tax expenditures. Applies to taxable years beginning after 12/31/2026. (CD1)

Status: Passed; Signed or otherwise enacted
Status date: Jun 26, 2026; 139 days ago
Current chamber: House of Representatives
Session: 2026 Regular Session

HI HB 2429 · PassedJun 26

Follow the legislation that affects what you sell.

Get started free

Free account · 30-second setup · No credit card

Prefer ChatGPT or Claude? Ask Civic IQ about this bill →

What it means for vendors

Civic IQ reads each bill for what it would fund, require or change for the agencies that buy.

What this bill would fund or requireThe spending and mandates in the bill, in plain languageTop matches free Why it matters for what you sellMatched to your products, with how to open the conversationTop matches free 1 signal from this bill in Civic IQSee them free →

Bill details

Last action: Act 160, on 06/25/2026 (Gov. Msg. No. 1261). · Jun 26, 2026

Sponsor

KYKyle YamashitaRepresentative · Democrat · HD-012Primary sponsor

Bill history

Newest first.

Jun 26, 2026Act 160, on 06/25/2026 (Gov. Msg. No. 1261).House

Jun 26, 2026Act 160, 06/25/2026 (Gov. Msg. No. 1261).Senate

May 8, 2026Received notice of passage on Final Reading in House (Hse. Com. No. 888).Senate

May 7, 2026Transmitted to Governor.House

May 6, 2026Received notice of Final Reading (Sen. Com. No. 816).House

May 6, 2026Passed Final Reading as amended in CD 1 with Representative(s) Amato voting aye with reservations; Representative(s) Alcos, Cochran, Garcia, Gedeon, Muraoka voting no (5) and none excused (0).House

May 6, 2026Passed Final Reading, as amended (CD 1). Ayes, 25; Aye(s) with reservations: none . 0 No(es): none. 0 Excused: none.Senate

May 1, 202648 Hrs. Notice (as amended CD 1) 05-06-26Senate

Show 44 earlier actions

May 1, 2026Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 185-26).Senate

May 1, 2026Forty-eight (48) hours notice Wednesday, 05-06-26.House

May 1, 2026Reported from Conference Committee (Conf Com. Rep. No. 185-26) as amended in (CD 1).House

May 1, 2026The Conference Committee recommends that the measure be Passed, with Amendments. The votes were as follows: 5 Ayes: Representative(s) Ilagan, Yamashita, Hussey, Tam, Gedeon; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none.House

May 1, 2026The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. The votes of the Senate Conference Managers were as follows: 2 Aye(s): Senator(s) DeCoite, Wakai; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Fevella.Senate

May 1, 2026Conference committee meeting to reconvene on 05-01-26 5:40 PM; Conference Room 309.Senate

May 1, 2026Conference committee meeting to reconvene on 05-01-26 5:37 PM; Conference Room 329.Senate

May 1, 2026Conference Committee Meeting will reconvene on Friday, 05-01-26 at 4:31PM in Conference Room 411.House

May 1, 2026Conference Committee Meeting will reconvene on Friday, 05-01-26 at 11:30AM in Conference Room 411.House

Apr 30, 2026Conference Committee Meeting will reconvene on Friday 05-01-26 8:01AM in conference room 411.House

Apr 28, 2026Bill scheduled for Conference Committee Meeting on Thursday, 04-30-26 8:30AM in conference room 411.House

Apr 27, 2026Received notice of Senate conferees (Sen. Com. No. 778).House

Apr 27, 2026Senate Conferees Appointed: DeCoite Chair; Wakai Co-Chair; Fevella.Senate

Apr 21, 2026Received notice of appointment of House conferees (Hse. Com. No. 799).Senate

Apr 21, 2026House Conferees Appointed: Ilagan, Yamashita Co-Chairs; Hussey, Tam, Gedeon.House

Apr 17, 2026Received notice of disagreement (Hse. Com. No. 780).Senate

Apr 16, 2026House disagrees with Senate amendment (s).House

Apr 14, 2026Returned from Senate (Sen. Com. No. 690) in amended form (SD 2).House

Apr 14, 2026Report adopted; Passed Third Reading, as amended (SD 2). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.Senate

Apr 10, 202648 Hrs. Notice 04-14-26.Senate

Apr 10, 2026Reported from WAM (Stand. Com. Rep. No. 3735) with recommendation of passage on Third Reading, as amended (SD 2).Senate

Apr 8, 2026The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 13 Aye(s): Senator(s) Dela Cruz, Moriwaki, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Richards, Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.Senate

Apr 6, 2026The committee(s) on WAM will hold a public decision making on 04-08-26 10:02AM; Conference Room 211 & Videoconference.Senate

Mar 30, 2026Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.Senate

Mar 30, 2026Reported from EDT (Stand. Com. Rep. No. 3347) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.Senate

Mar 24, 2026The committee(s) on EDT recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in EDT were as follows: 4 Aye(s): Senator(s) DeCoite, Wakai, Kim, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Fukunaga.Senate

Mar 20, 2026The committee(s) on EDT has scheduled a public hearing on 03-24-26 1:04PM; Conference Room 229 & Videoconference.Senate

Mar 12, 2026Referred to EDT, WAM.Senate

Mar 12, 2026Passed First Reading.Senate

Mar 12, 2026Received from House (Hse. Com. No. 417).Senate

Mar 10, 2026Passed Third Reading as amended in HD 2 with Representative(s) Gedeon, Shimizu voting aye with reservations; Representative(s) Alcos, Garcia, Muraoka voting no (3) and Representative(s) Pierick excused (1). Transmitted to Senate.House

Mar 6, 2026Forty-eight (48) hours notice Tuesday, 03-10-26.House

Mar 6, 2026Reported from FIN (Stand. Com. Rep. No. 1115-26) as amended in HD 2, recommending passage on Third Reading.House

Mar 4, 2026The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 16 Ayes: Representative(s) Todd, Takenouchi, Hartsfield, Hussey, Keohokapu-Lee Loy, Kitagawa, Kusch, Lee, M., Miyake, Morikawa, Perruso, Templo, Yamashita, Reyes Oda; Ayes with reservations: Representative(s) Alcos, Gedeon; Noes: none; and Excused: none.House

Mar 2, 2026Bill scheduled for decision making on Wednesday, 03-04-26 10:00AM in conference room 308 VIA VIDEOCONFERENCE.House

Mar 2, 2026The committee(s) on FIN recommend(s) that the measure be deferred until 03-04-26.House

Feb 27, 2026Bill scheduled to be heard by FIN on Monday, 03-02-26 2:00PM in House conference room 308 VIA VIDEOCONFERENCE.House

Feb 18, 2026Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and none excused (0).House

Feb 18, 2026Reported from ECD (Stand. Com. Rep. No. 417-26) as amended in HD 1, recommending passage on Second Reading and referral to FIN.House

Feb 13, 2026The committee on ECD recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 6 Ayes: Representative(s) Ilagan, Hussey, Tam, Templo, Yamashita; Ayes with reservations: Representative(s) Gedeon; Noes: none; and 0 Excused: none.House

Feb 10, 2026Bill scheduled to be heard by ECD on Friday, 02-13-26 8:30AM in House conference room 423 VIA VIDEOCONFERENCE.House

Feb 2, 2026Referred to ECD, FIN, referral sheet 6House

Jan 28, 2026Introduced and Pass First Reading.House

Jan 27, 2026Pending introduction.House

Recorded votes

Senate Economic Development and Technology: Passed, With AmendmentsMar 24, 2026 · Senate · 4 yea · 0 nayPassed

Senate Ways and Means: Passed, With AmendmentsApr 8, 2026 · Senate · 13 yea · 0 nayPassed

House Conference: Passed, With AmendmentsMay 1, 2026 · House · 5 yea · 0 nayPassed

Senate Conference: Passed, With AmendmentsMay 1, 2026 · Senate · 2 yea · 0 nayPassed

Subjects

DBEDT
Taxation
Tax Expenditure Disclosure and Evaluation
Income Tax Credits
General Excise and Related Use Tax Exemptions
Department of Taxation

Read the bill at the source

This page follows the bill as the legislature records it. For the bill's full text and the official record, use the legislature's own site.

View on the legislature's site View on LegiScan

Bill data from LegiScan, licensed under CC BY 4.0.

Work in government? Get Civic IQ free →

State of Hawaii profile →