STATE BILLHI SB 2362ENGROSSED

Relating To Taxation.

State of Hawaii

Requires the Department of Business, Economic Development, and Tourism to study the impacts of disallowing the dividends paid deduction for real estate investment trusts. Requires a report to the Legislature. Effective 7/1/2050. (SD1)

Status
Engrossed
Passed its first chamber
Status date
Mar 6, 2026
251 days ago
Current chamber
House of Representatives
Session
2026 Regular Session
HI SB 2362 · EngrossedMar 6

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Bill details

Last action
Referred to ECD, FIN, referral sheet 16 · Mar 10, 2026
Pending committee
Economic Development

Sponsors

SMSharon MoriwakiSenator · Democrat · SD-012Primary sponsor
KFKurt FevellaSenator · Republican · SD-020Primary sponsor
MKMichelle KidaniSenator · Democrat · SD-018Primary sponsor
KRKarl RhoadsSenator · Democrat · SD-013Primary sponsor
CFCarol FukunagaSenator · Democrat · SD-011
JSJoy San BuenaventuraSenator · Democrat · SD-002

Bill history

Newest first.

Mar 10, 2026Referred to ECD, FIN, referral sheet 16House
Mar 10, 2026Pass First ReadingHouse
Mar 6, 2026Received from Senate (Sen. Com. No. 53) in amended form (SD 1).House
Mar 6, 2026Report Adopted; Passed Third Reading. Ayes, 24; Aye(s) with reservations: none. Noes, 0 (none). Excused, 1 (Senator(s) Ihara). Transmitted to House.Senate
Mar 5, 2026One Day Notice 03-06-26.Senate
Mar 5, 2026Reported from WAM (Stand. Com. Rep. No. 2864) with recommendation of passage on Third Reading.Senate
Mar 2, 2026The 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, 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
Feb 27, 2026The committee on WAM has rescheduled its decision making to 03-02-26 10:02AM; CR 211 & Videoconference.Senate
Show 9 earlier actions
Feb 23, 2026The committee(s) on WAM will hold a public decision making on 03-02-26 10:31AM; Conference Room 211 & Videoconference.Senate
Feb 20, 2026Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.Senate
Feb 20, 2026Reported from EDT/CPN (Stand. Com. Rep. No. 2630) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.Senate
Feb 18, 2026The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 4 Aye(s): Senator(s) Keohokalole, Fukunaga, Lamosao, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) McKelvey.Senate
Feb 18, 2026The committee(s) on EDT recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in EDT were as follows: 5 Aye(s): Senator(s) DeCoite, Wakai, Fukunaga, Kim, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.Senate
Feb 12, 2026The committee(s) on EDT/CPN has scheduled a public hearing on 02-18-26 10:05AM; Conference Room 229 & Videoconference.Senate
Jan 26, 2026Referred to EDT/CPN, WAM.Senate
Jan 21, 2026Introduced and passed First Reading.Senate
Jan 16, 2026Pending Introduction.Senate

Recorded votes

Senate Economic Development and Technology: Passed, With AmendmentsFeb 18, 2026 · Senate · 5 yea · 0 nayPassed
Senate Commerce and Consumer Protection: Passed, With AmendmentsFeb 18, 2026 · Senate · 4 yea · 0 nayPassed
Senate Ways and Means: Passed, UnamendedMar 2, 2026 · Senate · 13 yea · 0 nayPassed

Subjects

  • Income Tax
  • Real Estate Investment Trusts
  • Dividends Paid Deduction
  • DBEDT
  • Study
  • Report

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.

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