RELATING TO A WEALTH ASSET TAX.
Sponsored By: Jeanne Kapela (Democratic)
In Committee
Summary
Establishes a wealth asset tax of one per cent of the state net worth of each individual taxpayer who holds $20,000,000 or more in assets in the State.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
Jeanne Kapela
Democratic • House
Cosponsors
Terez Amato
Democratic • House
Tina Nakada Grandinetti
Democratic • House
Kim Coco Iwamoto
Democratic • House
Trish La Chica
Democratic • House
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
Carried over to 2026 Regular Session.
12/8/2025Referred to FIN, referral sheet 4
1/27/2025HouseIntroduced and Pass First Reading.
1/23/2025HousePending introduction.
1/22/2025House
Bill Text
Original
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