Skip to main content
Independent and nonpartisan. SaveYourState is a civic information resource. It is not a government website and is not affiliated with any government agency, party, or campaign.

Hawaii · 2026 Regular Session · Bill

HB 476: 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 476 is a bill introduced in the Hawaii House on January 17, 2025. According to its official title, it concerns: RELATING TO CAPITAL GAINS TAX. Primary sponsor: Jackson Sayama (Democratic), HOLT, Darius Kila (Democratic), Scot Matayoshi (Democratic). Most recent recorded action (December 8, 2025): Carried over to 2026 Regular Session.

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.

Amends the capital gains tax rate for individuals, estates, and trusts. Amends the alternative capital gains tax for corporations. Effective 7/1/2050. (SD1)

Sponsors

Sponsors by party (alphabetical): Democratic 3

NameRolePartyChamberDistrict
Jackson SayamaPrimary sponsorDemocraticHouse21
HOLTPrimary sponsorNot applicable (committee)——
Darius KilaPrimary sponsorDemocraticHouse44
Scot MatayoshiPrimary sponsorDemocraticHouse49

“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. Carried over to 2026 Regular Session.
  2. Reported from WAM (Stand. Com. Rep. No. 1742) with recommendation of passage on Second Reading, as amended (SD 1) and placement on the calendar for Third Reading.
  3. Recommitted to WAM.
  4. The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 11 Aye(s): Senator(s) Dela Cruz, Moriwaki, Aquino, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Lee, C., Fevella; Aye(s) with reservations: Senator(s) Kim ; 0 No(es): none; and 2 Excused: Senator(s) DeCoite, Wakai.
  5. The committee(s) on WAM deferred the measure until 04-01-25 10:00AM; Conference Room 211 & Videoconference.
  6. The committee(s) on WAM has scheduled a public hearing on 03-28-25 10:00AM; Conference Room 211 & Videoconference.
  7. Received from House (Hse. Com. No. 246).
  8. Passed First Reading.
  9. Referred to WAM.
  10. Passed Third Reading as amended in HD 2 with Representative(s) Kila, Lamosao, Miyake voting aye with reservations; Representative(s) Alcos, Amato, Garcia, Kong, Matsumoto, Muraoka, Reyes Oda, Shimizu, Souza voting no (9) and Representative(s) Pierick, Ward excused (2). Transmitted to Senate.
  11. Reported from FIN (Stand. Com. Rep. No. 1166) as amended in HD 2, recommending passage on Third Reading.
  12. Forty-eight (48) hours notice Tuesday, 03-04-25.

Showing 12 most recent of 21 actions. Full history

Sources

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