# Hawaii SB 1462: RELATING TO A STATE HISTORIC PRESERVATION INCOME TAX CREDIT.

Hawaii SB 1462, RELATING TO A STATE HISTORIC PRESERVATION INCOME TAX CREDIT., is a 2025–2026 Regular Session (Year 1) Senate bill sponsored by Ronald D. Kouchi (Democratic); status passed senate, last action 2025-03-19 (Reported from WAL (Stand. Com. Rep. No. 1370) as amended in HD 1, recommending passage on Second Reading and referral to FIN.) (as of 2026-10-28).

- Canonical: https://policyrisk.com/state-bill/HI-SB1462-2025
- As of: 2026-10-28
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Hawaii SB 1462
- State: Hawaii
- Session: 2025–2026 Regular Session (Year 1)
- Title: RELATING TO A STATE HISTORIC PRESERVATION INCOME TAX CREDIT.
- Status: passed senate
- Chamber: Senate
- Introduced: 2025-01-21
- Last action: 2025-03-19, Reported from WAL (Stand. Com. Rep. No. 1370) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
- Sponsor: Ronald D. Kouchi (Democratic)
- Cosponsors: 0
- Subjects: DOTAX, DLNR, State Historic Preservation Division, Historic Preservation Income Tax Credit, WAL, FIN
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

Reenacts the Historic Preservation Income Tax Credit. Establishes an annual cap amount on the tax credit of $1,000,000. Effective 7/1/3000. Sunsets 12/31/2030. (HD1)

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Ronald D. Kouchi (Democratic), Senate

## Actions (19)

- 2025-03-19: Reported from WAL (Stand. Com. Rep. No. 1370) as amended in HD 1, recommending passage on Second Reading and referral to FIN. (House)
- 2025-03-19: Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with Representative(s) Perruso voting aye with reservations; none voting no (0) and Representative(s) Cochran, Ward excused (2). (House)
- 2025-03-13: The committee on WAL recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 9 Ayes: Representative(s) Hashem, Lamosao, Belatti, Ichiyama, Iwamoto, Morikawa, Poepoe, Shimizu, Souza; Ayes with reservations: none; 0 Noes: none; and 1 Excused: Representative(s) Woodson. (House)
- 2025-03-10: Bill scheduled to be heard by WAL on Thursday, 03-13-25 9:00AM in House conference room 411 VIA VIDEOCONFERENCE. (House)
- 2025-03-06: Pass First Reading (House)
- 2025-03-06: Referred to WAL, FIN, referral sheet 19 (House)
- 2025-03-04: Report adopted; Passed Third Reading, as amended (SD 1). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House. (Senate)
- 2025-03-04: Received from Senate (Sen. Com. No. 346) in amended form (SD 1). (House)
- 2025-02-28: Reported from WAM (Stand. Com. Rep. No. 912) with recommendation of passage on Third Reading, as amended (SD 1). (Senate)
- 2025-02-28: 48 Hrs. Notice 03-04-25. (Senate)
- 2025-02-26: The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 13 Aye(s): Senator(s) Dela Cruz, Moriwaki, Aquino, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none. (Senate)
- 2025-02-20: The committee(s) on WAM will hold a public decision making on 02-26-25 10:03AM; Conference Room 211 & Videoconference. (Senate)
- 2025-02-12: Reported from WTL (Stand. Com. Rep. No. 370) with recommendation of passage on Second Reading and referral to WAM. (Senate)
- 2025-02-12: Report adopted; Passed Second Reading and referred to WAM. (Senate)
- 2025-02-10: The committee(s) on WTL recommend(s) that the measure be PASSED, UNAMENDED. The votes in WTL were as follows: 5 Aye(s): Senator(s) Inouye, Elefante, Chang, McKelvey, DeCorte; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none. (Senate)
- 2025-02-05: The committee(s) on WTL has scheduled a public hearing on 02-10-25 1:00PM; Conference Room 229 & Videoconference. (Senate)
- 2025-01-27: Referred to WTL, WAM. (Senate)
- 2025-01-23: Introduced and passed First Reading. (Senate)
- 2025-01-21: Pending Introduction. (Senate)

## Bill text

- Bill Text: [PDF](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1462_HD1_.pdf)
- Original: [HTML](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1462_.HTM), [PDF](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1462_.PDF)
- SB1462_HD1: [HTML](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1462_HD1_.HTM)
- SB1462_SD1: [HTML](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1462_SD1_.HTM)

## 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
- [Bill Text (PDF)](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1462_HD1_.pdf)
- [Original (HTML)](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1462_.HTM)
- [Original (PDF)](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1462_.PDF)
- [SB1462_HD1 (HTML)](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1462_HD1_.HTM)
- [SB1462_SD1 (HTML)](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1462_SD1_.HTM)

## 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)
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Source: PRIA, https://policyrisk.com/state-bill/HI-SB1462-2025 (as of 2026-10-28).