All Roll Calls
Yes: 11 • No: 0
HawaiiSB 26562025–2026 Regular Session (Year 2)Senate
RELATING TO TAXATION.
Sponsored By: Dru Mamo Kanuha (Democratic)
Passed
Summary
Disallows the dividends paid deduction for real estate investment trusts, except those having investments or that are community development financial institutions. (SD1)
Income TaxREITDividends Paid DeductionEDT/CPN/WAM
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
Dru Mamo Kanuha
Democratic • Senate
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
Senate vote • 2/25/2026
The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS...
Yes: 11 • No: 0
Actions Timeline
The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS and be recommitted. The votes in WAM were as follows: 11 Aye(s): Senator(s) Dela Cruz, Moriwaki, DeCoite, Hashimoto, Inouye, Kanuha, Lee, C., Richards; Aye(s) with reservations: Senator(s) Elefante, Wakai, Fevella ; 0 No(es): none; and 2 Excused: Senator(s) Kidani, Kim.
2/25/2026SenateReported from WAM (Stand. Com. Rep. No. 2720) as amended (SD 1), with recommendation of recommittal to WAM.
2/25/2026SenateReport adopted, as amended (SD 1) and recommitted to WAM.
2/25/2026SenateRe-Referred to EDT/CPN/WAM.
2/25/2026SenateThe committee(s) on WAM will hold a public decision making on 02-25-26 10:54AM; Conference Room 211 & Videoconference.
2/24/2026SenateReferred to WAM.
1/28/2026SenateIntroduced.
1/23/2026SenatePassed First Reading.
1/23/2026Senate
Bill Text
Bill Text
Original
SB2656_SD1
SB2656_SD1_PROPOSED
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