HawaiiSB 27192025–2026 Regular Session (Year 2)Senate

RELATING TO TAXATION.

Sponsored By: Karl Rhoads (Democratic)

In Committee

Summary

Establishes the Carbon Emissions Tax and Dividend Special Fund. Gradually increases the Environmental Response, Energy, Carbon Emissions, and Food Security Tax and establishes a refundable income tax credit to mitigate the effect of the increased tax on taxpayers. Requires reports to the Legislature. Appropriates funds.

Department of TaxationEnvironmental Response, Energy, Carbon Emissions, and Food Security TaxCarbon EmissionsCarbon Cashback Tax CreditCarbon Emissions Tax and Dividend Special FundReportsAppropriationAEN/EIG, WAM

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Karl Rhoads

    Democratic • Senate

Cosponsors

  • Stanley Chang

    Democratic • Senate

  • Brandon J.C. Elefante

    Democratic • Senate

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Referred to AEN/EIG, WAM.

    1/28/2026Senate
  2. Passed First Reading.

    1/26/2026Senate
  3. Introduced.

    1/23/2026Senate

Bill Text

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