# Hawaii HB 2429: RELATING TO TAX EXPENDITURE EVALUATION.

Hawaii HB 2429, RELATING TO TAX EXPENDITURE EVALUATION., is a 2025–2026 Regular Session (Year 2) House bill sponsored by Kyle T. Yamashita (Democratic); status signed, last action 2026-06-25 (Act 160, 06/25/2026 (Gov. Msg. No. 1261).) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/HI-HB2429-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Hawaii HB 2429
- State: Hawaii
- Session: 2025–2026 Regular Session (Year 2)
- Title: RELATING TO TAX EXPENDITURE EVALUATION.
- Status: signed
- Chamber: House
- Introduced: 2026-01-27
- Last action: 2026-06-25, Act 160, 06/25/2026 (Gov. Msg. No. 1261).
- Sponsor: Kyle T. Yamashita (Democratic)
- Cosponsors: 0
- Subjects: DBEDT, Department of Taxation, Taxation, Tax Expenditure Disclosure and Evaluation, Income Tax Credits, General Excise and Related Use Tax Exemptions, EDT, WAM
- Touches household money: no
- Roll calls: 10 (213 yes, 8 no in all)
- Economic provisions PRIA read: 0

## Summary

Requires the Department of Business, Economic Development, and Tourism to study the effectiveness of tax expenditures and prepare summary descriptive statistics. Requires annual reports. Authorizes Department of Business, Economic Development, and Tourism staff to access certain information on tax returns for the purpose of studying the effectiveness of tax expenditures. Applies to taxable years beginning after 12/31/2026. Effective 7/1/3050. (SD2)

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Kyle T. Yamashita (Democratic), House

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-05-06 | House | House Floor Vote | pass | 46 | 5 |   |
| 2026-05-01 | Senate | The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS.... | pass | 2 | 0 |   |
| 2026-05-01 | House | The Conference Committee recommends that the measure be Passed, with Amendments.... | pass | 5 | 0 |   |
| 2026-04-14 | Senate | Senate Floor Vote | pass | 25 | 0 |   |
| 2026-04-08 | Senate | The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENT... | pass | 13 | 0 |   |
| 2026-03-24 | Senate | The committee(s) on EDT recommend(s) that the measure be PASSED, WITH AMENDMENT... | pass | 4 | 0 |   |
| 2026-03-10 | House | House Floor Vote | pass | 46 | 3 |   |
| 2026-03-04 | House | The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The ... | pass | 16 | 0 |   |
| 2026-02-18 | House | Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN... | pass | 50 | 0 |   |
| 2026-02-13 | House | The committee on ECD recommend that the measure be PASSED, WITH AMENDMENTS. The ... | pass | 6 | 0 |   |

## Bill text

- Bill Text: [PDF](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB2429_CD1_.pdf)
- HB2429_CD1: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB2429_CD1_.HTM)
- HB2429_HD1: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB2429_HD1_.HTM)
- HB2429_HD2: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB2429_HD2_.HTM)
- HB2429_SD1: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB2429_SD1_.HTM)
- HB2429_SD2: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB2429_SD2_.HTM)
- Original: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB2429_.HTM), [PDF](https://data.capitol.hawaii.gov/sessions/session2026/bills/GM1261_.PDF)

## Related bills

- SB 847: RELATING TO PSYCHOLOGISTS. (became law)
- HB 2344: RELATING TO SCHOOL FACILITIES. (signed)
- HB 2023: RELATING TO TRANSPORTATION. (signed)
- HB 2021: RELATING TO TRANSPORTATION. (signed)
- SB 2338: RELATING TO HOUSING. (signed)
- HB 1973: RELATING TO HEALTH. (signed)

## Sources
- [Bill Text (PDF)](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB2429_CD1_.pdf)
- [HB2429_CD1 (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB2429_CD1_.HTM)
- [HB2429_HD1 (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB2429_HD1_.HTM)
- [HB2429_HD2 (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB2429_HD2_.HTM)
- [HB2429_SD1 (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB2429_SD1_.HTM)
- [HB2429_SD2 (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB2429_SD2_.HTM)
- [Original (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB2429_.HTM)
- [Original (PDF)](https://data.capitol.hawaii.gov/sessions/session2026/bills/GM1261_.PDF)

## Related
- [SB 847: RELATING TO PSYCHOLOGISTS.](https://policyrisk.com/state-bill/HI-SB847-2026)
- [HB 2344: RELATING TO SCHOOL FACILITIES.](https://policyrisk.com/state-bill/HI-HB2344-2026)
- [HB 2023: RELATING TO TRANSPORTATION.](https://policyrisk.com/state-bill/HI-HB2023-2026)
- [HB 2021: RELATING TO TRANSPORTATION.](https://policyrisk.com/state-bill/HI-HB2021-2026)
- [SB 2338: RELATING TO HOUSING.](https://policyrisk.com/state-bill/HI-SB2338-2026)
- [HB 1973: RELATING TO HEALTH.](https://policyrisk.com/state-bill/HI-HB1973-2026)
- [Hawaii bills](https://policyrisk.com/states/hawaii/bills)
- [Hawaii state hub](https://policyrisk.com/states/hawaii)
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Source: PRIA, https://policyrisk.com/state-bill/HI-HB2429-2026 (as of 2026-11-01).