Hawaii · 2026 Regular Session · Bill
SB 314: 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
SB 314 is a bill introduced in the Hawaii Senate on January 14, 2025. According to its official title, it concerns: RELATING TO TAX HAVEN ABUSE. Primary sponsor: Karl Rhoads (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.
Requires corporations to include 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. Effective 1/1/2026.
Sponsors
Sponsors by party (alphabetical): Democratic 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Karl Rhoads | Primary sponsor | Democratic | Senate | 13 |
“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.
- Referred to CPN/JDC, WAM.
- Introduced and passed First Reading.
- Pending Introduction.