Hawaii bills · 2026 Regular Session
Hawaii HB 116
RELATING TO TAX HAVEN ABUSE.
- Introduced
- In committee
- Passed House
- Passed Senate
- To Governor
- Became law
Sponsors
- ICHIYAMA (Democratic)
Summary
Official abstract published by the Hawaii legislature· description
Requires corporations to include the income of all foreign subsidiaries to the State. Applies the State's apportionment formula to determine the share of reported profits subject to the appropriate tax. Effective 1/1/2026.
Text versions
Roll-call votes
No recorded votes on this bill.
Actions
- Jan 14, 2025 · House
Prefiled. - Jan 16, 2025 · House
Introduced and Pass First Reading. - Jan 21, 2025 · House
Referred to ECD, FIN, referral sheet 1 - Dec 8, 2025 · Legislature
Carried over to 2026 Regular Session.