Relating To Tax Credit For Research Activities.
State of HawaiiHawaiiAmends the tax credit for research activities by: allowing qualifying taxpayers to claim the credit for all qualified research expenses without regard to the amount of expenses for previous years; amending from March 31 to March 1 the deadline for qualified high technology businesses to submit to the Department of Business, Economic development, and Tourism written, certified statements identifying qualified expenditures and the tax amount of tax credits claimed in the previous taxable year; for any taxable year the annual aggregate cap is reached, requiring the credit to be divided between all qualified high technology businesses in proportion to the amount of qualified research expenses claimed; and requiring DBEDT to establish an annual application period and notify each qualified high technology business applicant of the credit amount certified. Applies to costs incurred beginning after 12/31/2025. Repeals the credit on 1/1/2029. Effective 7/1/3050. (SD2)
- Status
- Engrossed
- Passed its first chamber
- Status date
- Mar 10, 2026
- 247 days ago
- Current chamber
- Senate
- Session
- 2026 Regular Session
HI HB 2546 · EngrossedMar 10
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Bill details
- Last action
- Conference committee meeting to reconvene on 05-01-26 5:40 PM; Conference Room 309. · May 1, 2026
Sponsors
NNNadine NakamuraRepresentative · Democrat · HD-015Primary sponsorPrimary sponsor
DHDaisy HartsfieldRepresentative · Democrat · HD-036Primary sponsorPrimary sponsor
GIGreggor IlaganRepresentative · Democrat · HD-004Primary sponsorPrimary sponsor
SKSue Keohokapu-Lee LoyRepresentative · Democrat · HD-002Primary sponsorPrimary sponsor
LKLisa KitagawaRepresentative · Democrat · HD-048Primary sponsorPrimary sponsor
MKMatthias KuschRepresentative · Democrat · HD-001Primary sponsorPrimary sponsor
TMTyson MiyakeRepresentative · Democrat · HD-010Primary sponsorPrimary sponsor
DMDaynette MorikawaRepresentative · Democrat · HD-017Primary sponsorPrimary sponsor
Show 2 more sponsors
APAmy PerrusoRepresentative · Democrat · HD-046Primary sponsorPrimary sponsor
SAShirley Ann TemploRepresentative · Democrat · HD-030Primary sponsorPrimary sponsor
Bill history
Newest first.
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 23, 2026Received notice of Senate conferees (Sen. Com. No. 725).House
Apr 22, 2026Senate Conferees Appointed: DeCoite Chair; Wakai Co-Chair; Fevella.Senate
Show 29 earlier actions
Apr 20, 2026Received notice of appointment of House conferees (Hse. Com. No. 786).Senate
Apr 20, 2026House Conferees Appointed: Ilagan, Hussey Co-Chairs; 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. 701) 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 9, 202648 Hrs. Notice 04-14-26.Senate
Apr 9, 2026Reported from WAM (Stand. Com. Rep. No. 3686) with recommendation of passage on Third Reading, as amended (SD 2).Senate
Apr 6, 2026The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 12 Aye(s): Senator(s) Dela Cruz, Moriwaki, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Richards, Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Lee, C..Senate
Apr 1, 2026The committee(s) on WAM deferred the measure until 04-06-26 10:31AM; Conference Room 211 & Videoconference.Senate
Mar 30, 2026Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.Senate
Mar 30, 2026The committee(s) on WAM will hold a public decision making on 04-01-26 10:03AM; Conference Room 211 & Videoconference.Senate
Mar 30, 2026Reported from EDT (Stand. Com. Rep. No. 3238) 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. 435).Senate
Mar 10, 2026Passed Third Reading as amended in HD 2 with Representative(s) Iwamoto voting aye with reservations; none voting no (0) 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. 1111-26) as amended in HD 2, recommending passage on Third Reading.House
Mar 2, 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, Alcos, Gedeon, Reyes Oda; Ayes with reservations: none; Noes: none; and Excused: none.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 19, 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 19, 2026Reported from ECD (Stand. Com. Rep. No. 511-26) 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: 7 Ayes: Representative(s) Ilagan, Hussey, Holt, Tam, Templo, Yamashita, Gedeon; Ayes with reservations: none; Noes: none; and 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
Recorded votes
Senate Economic Development and Technology: Passed, With AmendmentsMar 24, 2026 · Senate · 4 yea · 0 nayPassedPassed
Senate Ways and Means: Passed, With AmendmentsApr 6, 2026 · Senate · 12 yea · 0 nayPassedPassed
Subjects
- Tax Credit
- Research Activities
- Qualified High Technology Businesses
- Annual Cap
- Tax Credit Distribution
- Certification
- DBEDT
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.
Bill data from LegiScan, licensed under CC BY 4.0.