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Hawaii · 2026 Regular Session · Bill

HB 1850: RELATING TO CAPITAL GAINS TAX.

Passed one chamber Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

HB 1850 is a bill introduced in the Hawaii House on January 23, 2026. According to its official title, it concerns: RELATING TO CAPITAL GAINS TAX. Primary sponsor: Jackson Sayama (Democratic), Greggor Ilagan (Democratic), Gregg Takayama (Democratic). Most recent recorded action (March 12, 2026): Received from House (Hse. Com. No. 299).

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

Taxes capital gains tax for individuals, estates, and trusts as ordinary income, except for capital gains that are eligible for a county homeowner's exemption. Repeals the alternative capital gains tax for corporations. Applies to taxable years beginning after 12/31/2026. Effective 7/1/3000. (HD2)

Sponsors

Sponsors by party (alphabetical): Democratic 3

NameRolePartyChamberDistrict
Jackson SayamaPrimary sponsorDemocraticHouse21
Greggor IlaganPrimary sponsorDemocraticHouse4
Gregg TakayamaPrimary sponsorDemocraticHouse34

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. Received from House (Hse. Com. No. 299).
  2. Passed First Reading.
  3. Referred to WAM.
  4. Passed Third Reading as amended in HD 2 with Representative(s) Reyes Oda, Souza voting aye with reservations; Representative(s) Alcos, Amato, Garcia, Gedeon, Kong, Matsumoto, Muraoka, Shimizu voting no (8) and Representative(s) Pierick excused (1). Transmitted to Senate.
  5. Reported from FIN (Stand. Com. Rep. No. 1117-26) as amended in HD 2, recommending passage on Third Reading.
  6. Forty-eight (48) hours notice Tuesday, 03-10-26.
  7. The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 15 Ayes: Representative(s) Todd, Takenouchi, Hartsfield, Hussey, Keohokapu-Lee Loy, Kitagawa, Kusch, Lee, M., Miyake, Morikawa, Perruso, Templo, Yamashita; Ayes with reservations: Representative(s) Gedeon, Reyes Oda; 1 Noes: Representative(s) Alcos; and Excused: none.
  8. The committee(s) on FIN recommend(s) that the measure be deferred until 03-03-26.
  9. Bill scheduled for decision making on Tuesday, 03-03-26 2:00PM in conference room 308 VIA VIDEOCONFERENCE.
  10. Bill scheduled to be heard by FIN on Monday, 03-02-26 2:00PM in House conference room 308 VIA VIDEOCONFERENCE.
  11. Reported from ECD (Stand. Com. Rep. No. 294-26) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
  12. Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with Representative(s) Amato, Reyes Oda, Souza voting aye with reservations; Representative(s) Alcos, Garcia, Gedeon, Matsumoto, Muraoka, Pierick, Shimizu voting no (7) and Representative(s) Cochran, Lee, M., Poepoe excused (3).

Showing 12 most recent of 17 actions. Full history

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source