Hawaii · 2026 Regular Session · Bill
HB 759: RELATING TO TAX HAVEN ABUSE.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 759 is a bill introduced in the Hawaii House on January 17, 2025. According to its official title, it concerns: RELATING TO TAX HAVEN ABUSE. Primary sponsor: Amy Perruso (Democratic), Della Belatti (Democratic), Tina Grandinetti (Democratic), Kim Coco Iwamoto (Democratic), Lisa Marten (Democratic), Chris Todd (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.
Part I: Effective 1/1/2026, requires corporations to include in their income the income of all foreign subsidiaries to the State; applies the State's apportionment formula to determine the share of reported profits subject to the appropriate tax, which shall be deposited into the state general fund; and requires corporations to report all profits, losses, revenues, and inter-company transactions made and all taxes paid in other states. Part II: Establishes within DOTAX a Corporate Tax Law Task Force to annually review the State's corporate tax laws and recommend updates to close tax loopholes.
Sponsors
Sponsors by party (alphabetical): Democratic 6
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Amy Perruso | Primary sponsor | Democratic | House | 46 |
| Della Belatti | Primary sponsor | Democratic | House | 26 |
| Tina Grandinetti | Primary sponsor | Democratic | House | 20 |
| Kim Coco Iwamoto | Primary sponsor | Democratic | House | 25 |
| Lisa Marten | Primary sponsor | Democratic | House | 51 |
| Chris Todd | Primary sponsor | Democratic | House | 3 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Carried over to 2026 Regular Session.
- Introduced and Pass First Reading.
- Referred to ECD, CPC, FIN, referral sheet 2
- Pending introduction.