# Hawaii SB 721: RELATING TO THE ESTATE TAX.

Hawaii SB 721, RELATING TO THE ESTATE TAX., is a 2025–2026 Regular Session (Year 1) Senate bill sponsored by Karl Rhoads (Democratic); status passed senate, last action 2025-03-04 (Referred to FIN, referral sheet 18) (as of 2026-10-28).

- Canonical: https://policyrisk.com/state-bill/HI-SB721-2025
- 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 721
- State: Hawaii
- Session: 2025–2026 Regular Session (Year 1)
- Title: RELATING TO THE ESTATE TAX.
- Status: passed senate
- Chamber: Senate
- Introduced: 2025-01-17
- Last action: 2025-03-04, Referred to FIN, referral sheet 18
- Sponsor: Karl Rhoads (Democratic)
- Cosponsors: 0
- Subjects: Department of Taxation, Taxation, Estate Tax, Exclusion, Exemption, Nonresidents, Nonresidents Not Citizens, FIN
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

Amends the exclusion amount of Hawaii's estate tax. Repeals exemption for tax imposed on transfer of taxable estate located in Hawaii for nonresidents and nonresidents who are not citizens. Applicable to decedents dying or taxable transfers occurring after 12/31/2024. Effective 7/1/2050. (SD1)

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Karl Rhoads (Democratic), Senate

## Actions (12)

- 2025-03-04: Referred to FIN, referral sheet 18 (House)
- 2025-02-28: Pass First Reading (House)
- 2025-02-27: Passed Third Reading, as amended (SD 1). Ayes, 25; Aye(s) with reservations: none. Noes, 0 (none). Excused, 0 (none). Transmitted to House. (Senate)
- 2025-02-27: Received from Senate (Sen. Com. No. 29) in amended form (SD 1). (House)
- 2025-02-18: Reported from WAM (Stand. Com. Rep. No. 693) with recommendation of passage on Second Reading, as amended (SD 1) and placement on the calendar for Third Reading. (Senate)
- 2025-02-18: Report adopted; Passed Second Reading, as amended (SD 1). (Senate)
- 2025-02-18: 48 Hrs. Notice 02-27-25. (Senate)
- 2025-02-12: 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)
- 2025-02-07: The committee(s) on WAM has scheduled a public hearing on 02-12-25 10:00AM; Conference Room 211 & Videoconference. (Senate)
- 2025-01-23: Referred to WAM. (Senate)
- 2025-01-21: Passed First Reading. (Senate)
- 2025-01-17: Introduced. (Senate)

## Bill text

- Bill Text: [PDF](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB721_SD1_.pdf)
- Original: [HTML](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB721_.HTM), [PDF](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB721_.PDF)
- SB721_SD1: [HTML](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB721_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/SB721_SD1_.pdf)
- [Original (HTML)](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB721_.HTM)
- [Original (PDF)](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB721_.PDF)
- [SB721_SD1 (HTML)](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB721_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)
- [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-SB721-2025 (as of 2026-10-28).