HawaiiSB 23322025–2026 Regular Session (Year 2)Senate

RELATING TO TAXATION.

Sponsored By: Mike Gabbard (Democratic)

Passed

Summary

Reestablishes the Agricultural Development and Food Security Special Fund. Establishes the Carbon Emissions Tax and Dividend Special Fund. Gradually increases the Environmental Response, Energy, Carbon Emissions, and Food Security tax rates and establishes a refundable carbon cashback tax credit to offset increases for most taxpayers. Requires reports to the Legislature. Appropriates funds.

Department of TaxationEnvironmental Response, Energy, Carbon Emissions, and Food Security TaxCarbon EmissionsTax CreditAgricultural Development and Food Security Special FundCarbon Emissions Tax and Dividend Special FundReportsAppropriationAEN, WAM

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Mike Gabbard

    Democratic • Senate

Cosponsors

  • Jarrett Keohokalole

    Democratic • Senate

  • III Richards

    Democratic • Senate

Roll Call Votes

All Roll Calls

Yes: 2 • No: 3

Senate vote 2/11/2026

The committee(s) on AEN recommend(s) that the measure be PASSED, WITH AMENDMENT...

Yes: 2 • No: 3

Actions Timeline

  1. The committee(s) on AEN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in AEN were as follows: 2 Aye(s): Senator(s) Gabbard, Rhoads; Aye(s) with reservations: none ; 3 No(es): Senator(s) Richards, DeCoite, Awa; and 0 Excused: none.

    2/11/2026Senate
  2. The recommendation was not adopted.

    2/11/2026Senate
  3. The committee(s) on AEN will hold a public decision making on 02-11-26 4:00PM; Conference Room 224 & Videoconference.

    2/9/2026Senate
  4. The committee on AEN has deleted the measure from decision making scheduled on 02-09-26 3:01PM; CR 224 & Videoconference.

    2/8/2026Senate
  5. The committee(s) on AEN deferred the measure until 02-09-26 3:01PM; Conference Room 224 & Videoconference.

    2/4/2026Senate
  6. The committee(s) on AEN has scheduled a public hearing on 02-04-26 3:00PM; Conference Room 224 & Videoconference.

    1/30/2026Senate
  7. Referred to AEN, WAM.

    1/26/2026Senate
  8. Introduced and passed First Reading.

    1/21/2026Senate
  9. Pending Introduction.

    1/15/2026Senate

Bill Text

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