Bills

SB 721: RELATING TO THE ESTATE TAX.

  • Session Year: 2025-2026
  • House: Senate
  • Latest Version Date: 2025-02-14

Current Status:

In Progress

(2025-12-08: Carried over to 2026 Regular Session.)

Introduced

In Committee

First Chamber

In Committee

Second Chamber

Final Decking

Enacted

Version:

Amends the exclusion amount of Hawaii's estate tax.  Repeals exemption for tax imposed on transfer of taxable estate located in Hawaii for nonresidents and nonresidents who are not citizens.  Applicable to decedents dying or taxable transfers occurring after 12/31/2024.  Effective 7/1/2050.  (SD1)

Discussed in Hearing

Senate Standing Committee on Ways and Means1MIN
Feb 12, 2025

Senate Standing Committee on Ways and Means

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News Coverage:

SB 721: RELATING TO THE ESTATE TAX. | Digital Democracy