Measure Title: RELATING TO TAX CREDITS.
Report Title: Income Tax Credits; Sunset; Annual Reduction
Description: Requires that income tax credits established or renewed after 12/31/2023 include a five-year sunset or an annual one-third reduction beginning with the sixth year of the credit. Effective 7/1/3000. (HD1)
Companion:  SB1117
Package: None
Current Referral: WAM
Introducer(s): YAMASHITA
Act:

Sort by Date Status Text
12/11/2023DCarried over to 2024 Regular Session.
3/10/2023SReferred to WAM.
3/9/2023SPassed First Reading.
3/9/2023SReceived from House (Hse. Com. No. 305).
3/7/2023HPassed Third Reading with none voting aye with reservations; Representative(s) Kapela, Ward voting no (2) and none excused (0). Transmitted to Senate.
3/3/2023HReported from FIN (Stand. Com. Rep. No. 1171), recommending passage on Third Reading.
3/1/2023HThe committee on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 14 Ayes: Representative(s) Yamashita, Kitagawa, Aiu, Chun, Garrett, Kahaloa, Kila, Kobayashi, Lamosao, Morikawa, Nishimoto, Poepoe, Takenouchi; Ayes with reservations: Representative(s) Ward; 1 Noes: Representative(s) Cochran; and 1 Excused: Representative(s) Alcos.
2/27/2023HBill scheduled to be heard by FIN on Wednesday, 03-01-23 2:30PM in House conference room 308 VIA VIDEOCONFERENCE.
2/8/2023HPassed 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).
2/8/2023HReported from ECD (Stand. Com. Rep. No. 165) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
2/1/2023HThe committee on ECD recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 6 Ayes: Representative(s) Holt, Lamosao, Hussey-Burdick, Kong, Quinlan; Ayes with reservations: Representative(s) Nakamura; 1 Noes: Representative(s) Pierick; and Excused: none.
1/30/2023HBill scheduled to be heard by ECD on Wednesday, 02-01-23 10:00AM in House conference room 423 VIA VIDEOCONFERENCE.
1/27/2023HReferred to ECD, FIN, referral sheet 2
1/23/2023HIntroduced and Pass First Reading.
1/20/2023HPending introduction.

S = Senate | H = House | D = Data Systems | $ = Appropriation measure | ConAm = Constitutional Amendment

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HB561 HD1
All Versions of this Measure
HB561_HD1 Pdf File
HB561 Pdf File
Committee Reports
HB561_HD1_HSCR165_ Pdf File
HB561_HD1_HSCR1171_ Pdf File
Testimony
HB561_TESTIMONY_ECD_02-01-23_
HB561_HD1_TESTIMONY_FIN_03-01-23_
Hearing Notices
ECD
2/01/23 10:00A
423 VIA VIDEOCONFERENCE
FIN
3/01/23 2:30P
308 VIA VIDEOCONFERENCE