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Requires the Department of Business, Economic Development, and Tourism to study the impacts of disallowing the dividends paid deduction for real estate investment trusts. Requires a report to the Legislature. Effective 7/1/2050. (SD1)
Introduced
Mar 6, 2026
Last Action
Jan 16, 2026
Session
HI 2026
Sponsors
4 primary · 2 co
Referred to ECD, FIN, referral sheet 16
Pass First Reading
Received from Senate (Sen. Com. No. 53) in amended form (SD 1).
Report Adopted; Passed Third Reading. Ayes, 24; Aye(s) with reservations: none. Noes, 0 (none). Excused, 1 (Senator(s) Ihara). Transmitted to House.
One Day Notice 03-06-26.
Reported from WAM (Stand. Com. Rep. No. 2864) with recommendation of passage on Third Reading.
The committee(s) on WAM recommend(s) that the measure be PASSED, UNAMENDED. The votes in WAM were as follows: 13 Aye(s): Senator(s) Dela Cruz, Moriwaki, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Richards, Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
The committee on WAM has rescheduled its decision making to 03-02-26 10:02AM; CR 211 & Videoconference.
The committee(s) on WAM will hold a public decision making on 03-02-26 10:31AM; Conference Room 211 & Videoconference.
Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
Reported from EDT/CPN (Stand. Com. Rep. No. 2630) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
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, Lamosao, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) McKelvey.
The committee(s) on EDT recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in EDT were as follows: 5 Aye(s): Senator(s) DeCoite, Wakai, Fukunaga, Kim, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
The committee(s) on EDT/CPN has scheduled a public hearing on 02-18-26 10:05AM; Conference Room 229 & Videoconference.
Referred to EDT/CPN, WAM.
Introduced and passed First Reading.
Pending Introduction.