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Hawaii · 2026 Regular Session · Bill

SB 2587: RELATING TO CAPITAL GAINS TAX.

In committee 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

SB 2587 is a bill introduced in the Hawaii Senate on January 23, 2026. According to its official title, it concerns: RELATING TO CAPITAL GAINS TAX. Primary sponsor: Sharon Moriwaki (Democratic). It lists 1 additional sponsor. Most recent recorded action (January 28, 2026): Referred to WAM.

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.

Increases the capital gains tax rate for individuals, estates, and trusts to nine per cent. Increases the alternative capital gains tax for corporations to five per cent.

Sponsors

Sponsors by party (alphabetical): Democratic 2

NameRolePartyChamberDistrict
Sharon MoriwakiPrimary sponsorDemocraticSenate12
Joy San BuenaventuraCo-sponsorDemocraticSenate2

“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. Referred to WAM.
  2. Introduced.
  3. Passed First Reading.

Sources

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