# Hawaii HB 759: RELATING TO TAX HAVEN ABUSE.

Hawaii HB 759, RELATING TO TAX HAVEN ABUSE., is a 2025–2026 Regular Session (Year 1) House bill sponsored by Amy A. Perruso (Democratic); status first reading, last action 2025-01-21 (Introduced and Pass First Reading.) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/HI-HB759-2025
- 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 759
- State: Hawaii
- Session: 2025–2026 Regular Session (Year 1)
- Title: RELATING TO TAX HAVEN ABUSE.
- Status: first reading
- Chamber: House
- Introduced: 2025-01-17
- Last action: 2025-01-21, Introduced and Pass First Reading.
- Sponsor: Amy A. Perruso (Democratic)
- Cosponsors: 5
- Subjects: Taxation, Corporations, Combined Reporting, State-by-state Reporting, Department of Taxation, Corporate Tax Law Task Force, ECD, CPC, FIN
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

Part I: Effective 1/1/2026, requires corporations to include in their income 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, which shall be deposited into the state general fund; and requires corporations to report all profits, losses, revenues, and inter-company transactions made and all taxes paid in other states. Part II: Establishes within DOTAX a Corporate Tax Law Task Force to annually review the State's corporate tax laws and recommend updates to close tax loopholes.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Amy A. Perruso (Democratic), House
- Cosponsor: Della Au Belatti (Democratic), House
- Cosponsor: Tina Nakada Grandinetti (Democratic), House
- Cosponsor: Kim Coco Iwamoto (Democratic), House
- Cosponsor: Lisa Marten (Democratic), House
- Cosponsor: Chris Todd (Democratic), House

## Actions (3)

- 2025-01-21: Introduced and Pass First Reading. (House)
- 2025-01-21: Referred to ECD, CPC, FIN, referral sheet 2 (House)
- 2025-01-17: Pending introduction. (House)

## Bill text

- Original: [HTML](https://data.capitol.hawaii.gov/sessions/session2025/bills/HB759_.HTM), [PDF](https://data.capitol.hawaii.gov/sessions/session2025/bills/HB759_.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/HB759_.HTM)
- [Original (PDF)](https://data.capitol.hawaii.gov/sessions/session2025/bills/HB759_.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-HB759-2025 (as of 2026-10-17).