Relating To The Estate Tax.

SB 721 Relating To The Estate Tax

Hawaii 2025 Regular Session

Relating To The Estate Tax.
SB-721


About SB-721

Amends the exclusion amount of Hawaii's estate tax. Repeals exemption for tax imposed on transfer of taxable estate located in Hawaii for nonresidents and nonresidents who are not citizens. Applicable to decedents dying or taxable transfers occurring after 12/31/2024. Effective 7/1/2050. (SD1)

  

Bill Texts

Amended 02/14/2025

Introduced 01/17/2025

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Votes for: 0 Votes against: 0

Sponsors (1)

Votes

Senate Ways and Means: Passed, With Amendments

02/12/2025

Yeas: 13 | Nays: 0
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History

Referred To Fin, Referral Sheet 18

03/04/2025

Pass First Reading

02/28/2025

Passed Third Reading, As Amended (sd 1). Ayes, 25; Aye(s) With Reservations: None. Noes, 0 (none). Excused, 0 (none). Transmitted To House.

02/27/2025

Received From Senate (sen. Com. No. 29) In Amended Form (sd 1).

02/27/2025

Reported From Wam (stand. Com. Rep. No. 693) With Recommendation Of Passage On Second Reading, As Amended (sd 1) And Placement On The Calendar For Third Reading.

02/18/2025

Report Adopted; Passed Second Reading, As Amended (sd 1).

02/18/2025

48 Hrs. Notice 02-27-25.

02/18/2025

The 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, Aquino, Decoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Wakai, Fevella; Aye(s) With Reservations: None ; 0 No(es): None; And 0 Excused: None.

02/12/2025

The Committee(s) On Wam Has Scheduled A Public Hearing On 02-12-25 10:00am; Conference Room 211 & Videoconference.

02/07/2025

Referred To Wam.

01/23/2025

Passed First Reading.

01/21/2025

Introduced.

01/17/2025