# Hawaii HB 116: RELATING TO TAX HAVEN ABUSE.

Hawaii HB 116, RELATING TO TAX HAVEN ABUSE., is a 2025–2026 Regular Session (Year 1) House bill sponsored by Linda Ichiyama (Democratic); status in committee, last action 2025-01-21 (Referred to ECD, FIN, referral sheet 1) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/HI-HB116-2025
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Hawaii HB 116
- State: Hawaii
- Session: 2025–2026 Regular Session (Year 1)
- Title: RELATING TO TAX HAVEN ABUSE.
- Status: in committee
- Chamber: House
- Introduced: 2025-01-14
- Last action: 2025-01-21, Referred to ECD, FIN, referral sheet 1
- Sponsor: Linda Ichiyama (Democratic)
- Cosponsors: 0
- Subjects: Taxation, Corporations, Combined Reporting, ECD, FIN
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

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.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Linda Ichiyama (Democratic), House

## Actions (3)

- 2025-01-21: Referred to ECD, FIN, referral sheet 1 (House)
- 2025-01-16: Introduced and Pass First Reading. (House)
- 2025-01-14: Prefiled. (House)

## Bill text

- Original: [HTML](https://data.capitol.hawaii.gov/sessions/session2025/bills/HB116_.HTM), [PDF](https://data.capitol.hawaii.gov/sessions/session2025/bills/HB116_.pdf)

## Related bills

- SB 572: RELATING TO HOUSING. (signed)
- HB 431: RELATING TO HOUSING. (signed)
- HB 420: RELATING TO REMEDIES. (signed)
- SB 1296: RELATING TO DISASTER RECOVERY. (signed)
- HB 830: RELATING TO HISTORIC PRESERVATION REVIEWS. (signed)
- HB 1064: RELATING TO FIRE PROTECTION. (signed)

## Sources
- [Original (HTML)](https://data.capitol.hawaii.gov/sessions/session2025/bills/HB116_.HTM)
- [Original (PDF)](https://data.capitol.hawaii.gov/sessions/session2025/bills/HB116_.pdf)

## Related
- [SB 572: RELATING TO HOUSING.](https://policyrisk.com/state-bill/HI-SB572-2025)
- [HB 431: RELATING TO HOUSING.](https://policyrisk.com/state-bill/HI-HB431-2025)
- [HB 420: RELATING TO REMEDIES.](https://policyrisk.com/state-bill/HI-HB420-2025)
- [SB 1296: RELATING TO DISASTER RECOVERY.](https://policyrisk.com/state-bill/HI-SB1296-2025)
- [HB 830: RELATING TO HISTORIC PRESERVATION REVIEWS.](https://policyrisk.com/state-bill/HI-HB830-2025)
- [HB 1064: RELATING TO FIRE PROTECTION.](https://policyrisk.com/state-bill/HI-HB1064-2025)
- [Hawaii bills](https://policyrisk.com/states/hawaii/bills)
- [Hawaii state hub](https://policyrisk.com/states/hawaii)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/HI-HB116-2025 (as of 2026-10-17).