Hawaii bills · 2026 Regular Session
Hawaii SB 2738
RELATING TO TAX HAVEN ABUSE.
- Introduced
- In committee
- Passed Senate
- Passed House
- To Governor
- Became law
Sponsors
- RHOADS (Democratic)
Summary
Official abstract published by the Hawaii legislature· description
Effective 1/1/2028, requires corporations to include in their income 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, which shall be deposited into the state general fund; and requires corporations to report all profits, losses, revenues, and inter-company transactions made and all taxes paid in other states. Establishes penalties for violations. Effective 7/1/2050. (SD1)
Text versions
Roll-call votes
State vote data last updated Oct 19, 2026, 12:27 AM.
| Date | Vote | Result | Your legislators |
|---|---|---|---|
| Feb 17, 2026 Senate | The committee(s) on JDC recommend(s) that the measure be PASSED, WITH AMENDMENTS. | pass | Set your home in Hawaii to see |
| Feb 17, 2026 Senate | The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. | pass | Set your home in Hawaii to see |
Actions
- Jan 23, 2026 · Senate
Introduced. - Jan 26, 2026 · Senate
Passed First Reading. - Jan 30, 2026 · Senate
Referred to CPN/JDC, WAM. - Feb 13, 2026 · Senate
The committee(s) on CPN/JDC has scheduled a public hearing on 02-17-26 9:45AM; Conference Room 229 & Videoconference. - Feb 16, 2026 · Senate
The committee(s) on CPN/JDC has rescheduled its public hearing to 02-17-26 9:30AM; CR 229 & Videoconference. - Feb 17, 2026 · Senate
The committee(s) on JDC recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in JDC were as follows: 4 Aye(s): Senator(s) Rhoads, Gabbard, San Buenaventura, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Chang. - Feb 17, 2026 · Senate
The 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, Awa; Aye(s) with reservations: Senator(s) Lamosao ; 0 No(es): none; and 1 Excused: Senator(s) McKelvey. - Feb 20, 2026 · Senate
Reported from CPN/JDC (Stand. Com. Rep. No. 2611) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM. - Feb 20, 2026 · Senate
Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.