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Bill > SB2462


HI SB2462

HI SB2462
Relating To State Income Tax Liability.


summary

Introduced
01/22/2026
In Committee
02/11/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

Increases designated income check-off amounts for the Hawaii Election Campaign Fund to $6 for taxpayers filing individual returns with $6 or more of state income tax liability and for spouses filing joint returns with $12 or more of state income tax liability.

AI Summary

This bill increases the amount individuals can voluntarily contribute to the Hawaii Election Campaign Fund through a state income tax check-off, which is a designated portion of one's state income tax liability that can be directed to support campaign financing. Specifically, the bill raises the maximum designation for individuals filing a single return from $3 to $6, provided they have at least $6 in state income tax liability, and for spouses filing a joint return, it increases the maximum designation from $6 to $12, requiring a minimum joint state income tax liability of $12. This change aims to adjust the contribution amounts to reflect inflation since the check-off was first established in 1979 and last updated in 2008, ensuring the fund's value keeps pace with economic changes.

Committee Categories

Budget and Finance, Justice

Sponsors (4)

Last Action

Report adopted; Passed Second Reading and referred to WAM. (on 02/11/2026)

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