HB 2586: DOTAX; DHHL; GENERAL EXCISE TAX; USE TAX; RENTAL MOTOR VEHICLES; POSITION; HAWAIIAN HOME LANDS SPECIAL FUND; APPROPRIATION

Session Year: 2025-2026
House: House
Latest Version Date: 2026-02-19

Current Status:

In Progress

(2026-02-20: Report adopted; referred to the committee(s) on FIN as amended in HD 2 with Representative(s) Gedeon, Matsumoto, Reyes Oda voting aye with reservations; Representative(s) Alcos, Cochran, Garcia, Muraoka, Pierick, Shimizu voting no (6) and Representative(s) Quinlan excused (1).)

Introduced

In Committee

First Chamber

In Committee

Second Chamber

Final Decking

Enacted

Version:

Applies the retail or higher general excise tax or use tax rate to purchases or imports of new motor vehicles by rental car companies and requires the revenue to be deposited into the Hawaiian Home Lands Special Fund. Establishes the Hawaiian Home Lands Special Fund. Appropriates funds for a position in the Department of Taxation. Appropriates funds out of the Hawaiian Home Lands Special Fund. Effective 7/1/3000. (HD2)

Discussed in Hearing