HB 1458: DBEDT; HAWAII BROADBAND AND DIGITAL EQUITY OFFICE; BROADBAND AND DIGITAL EQUITY SPECIAL FUND; CORPORATE INCOME TAX; ADVERTISING; MAJOR SOCIAL MEDIA PLATFORMS; APPROPRIATION
- Session Year: 2025-2026
- House: House
- Latest Version Date: 2026-02-11
Current Status:
In Progress
(2026-02-12: Passed Second Reading as amended in HD 1 and referred to the committee(s) on CPC with Representative(s) Garcia voting aye with reservations; Representative(s) Pierick voting no (1) and none excused (0).)
Introduced
In Committee
First Chamber
In Committee
Second Chamber
Final Decking
Enacted
Establishes the Broadband and Digital Equity Special Fund to receive revenues earned by major social media platforms to fund initiatives expanding broadband access and local journalism initiatives. Directs the Department of Taxation to apply the state corporate income tax to advertising revenue earned by major social media platforms if the revenue is derived from content created within the State or from audiences located in the State. Appropriates funds. Effective 7/1/3000. (HD1)
Discussed in Hearing