Bill

Bill > HB2156


HI HB2156

HI HB2156
Relating To Taxation.


summary

Introduced
01/28/2026
In Committee
02/18/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

Increases the filing thresholds for the General Excise Tax and Transient Accommodations Tax. Effective 7/1/3000. (HD1)

AI Summary

This bill, effective July 1, 3000, aims to reduce administrative burdens on small businesses by increasing the filing thresholds for the General Excise Tax and the Transient Accommodations Tax, which are taxes levied on businesses and lodging providers respectively. Currently, businesses with a certain annual tax liability must file these taxes monthly, quarterly, or semiannually. This bill proposes to raise these thresholds, meaning fewer businesses will be required to file as frequently, thereby easing compliance costs for them and allowing the Department of Taxation, which faces staffing shortages, to focus its resources more effectively.

Committee Categories

Budget and Finance, Business and Industry

Sponsors (7)

Last Action

The committee on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 16 Ayes: Representative(s) Todd, Takenouchi, Hartsfield, Hussey, Keohokapu-Lee Loy, Kitagawa, Kusch, Lee, M., Miyake, Morikawa, Perruso, Templo, Yamashita, Alcos, Gedeon, Reyes Oda; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none. (on 02/26/2026)

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