| Measure Title: |
RELATING TO PASS-THROUGH ENTITY TAXATION.
|
| Report Title: |
Taxation; Pass-Through Entities; S Corporations; Partnerships; Qualified Members
|
| Description: |
For taxable years beginning after 12/31/2023, adds a definition for "qualified member" and repeals the definitions for "direct member" and "indirect member" as used in the State's pass-through entity taxation election law. For pass-through entities electing to pay Hawaii income taxes at the entity level, allows certain qualified members entitled to a tax credit to use the credit against the member's net income tax liability in subsequent years until exhausted.
|
| Companion: |
SB2725
|
| Package: |
None
|
| Current Referral: |
FIN
|
| Introducer(s): |
SAIKI
|
| Act: |
|
| Sort by Date | | Status Text |
| 1/26/2024 | H | Referred to FIN, referral sheet 3 |
| 1/24/2024 | H | Introduced and Pass First Reading. |
| 1/22/2024 | H | Pending introduction. |
S = Senate |
H = House |
D = Data Systems |
$ = Appropriation measure |
ConAm = Constitutional Amendment
Some of the above items require Adobe Acrobat Reader. Please visit
Adobe's download page
for detailed instructions.
HB2307