HB 2546HawaiiWaiting for committee action

RELATING TO TAX CREDIT FOR RESEARCH ACTIVITIES.

What it does

Official summary

Amends the tax credit for research activities by: allowing qualifying taxpayers to claim the credit for all qualified research expenses without regard to the amount of expenses for previous years; amending from March 31 to March 1 the deadline for qualified high technology businesses to submit to the Department of Business, Economic development, and Tourism written, certified statements identifying qualified expenditures and the tax amount of tax credits claimed in the previous taxable year; for any taxable year the annual aggregate cap is reached, requiring the credit to be divided between all qualified high technology businesses in proportion to the amount of qualified research expenses claimed; and requiring DBEDT to establish an annual application period and notify each qualified high technology business applicant of the credit amount certified. Applies to costs incurred beginning after 12/31/2025. Repeals the credit on 1/1/2029.

More detail

Effective 7/1/3050. (SD2)

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More on this bill

Where it stands

IntroducedJan 28
Passed HouseMar 10
Passed SenateApr 14
To Governor
Became Law

Looking ahead

No hearings or votes scheduled.

History

2026
1. May 1Conference Committee Meeting will reconvene on Friday, 05-01-26 at 11:30AM in Conference Room 411.Latest
2. May 1Conference Committee Meeting will reconvene on Friday, 05-01-26 at 4:31PM in Conference Room 411.
3. May 1Conference committee meeting to reconvene on 05-01-26 5:37 PM; Conference Room 329.
4. May 1Conference committee meeting to reconvene on 05-01-26 5:40 PM; Conference Room 309.
5. Apr 30Conference Committee Meeting will reconvene on Friday 05-01-26 8:01AM in conference room 411.
6. Apr 28Bill scheduled for Conference Committee Meeting on Thursday, 04-30-26 8:30AM in conference room 411.
7. Apr 23Received notice of Senate conferees (Sen. Com. No. 725).Minor
8. Apr 22Senate Conferees Appointed: DeCoite Chair; Wakai Co-Chair; Fevella.
9. Apr 20House Conferees Appointed: Ilagan, Hussey Co-Chairs; Tam, Gedeon.
10. Apr 20Received notice of appointment of House conferees (Hse. Com. No. 786).Minor
11. Apr 17Received notice of disagreement (Hse. Com. No. 780).Minor
12. Apr 16House disagrees with Senate amendment (s).Minor
13. Apr 14Report adopted; Passed Third Reading, as amended (SD 2). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.Passed Senate
  - Vote recorded Report adopted; Passed Third Reading, as amended (SD 2). Result: pass.Upper
14. Apr 14Returned from Senate (Sen. Com. No. 701) in amended form (SD 2).
15. Apr 9Reported from WAM (Stand. Com. Rep. No. 3686) with recommendation of passage on Third Reading, as amended (SD 2).
16. Apr 948 Hrs. Notice 04-14-26.
17. Apr 6The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 12 Aye(s): Senator(s) Dela Cruz, Moriwaki, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Richards, Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Lee, C..Minor
  - Vote recorded The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. Result: pass.Upper
18. Apr 1The committee(s) on WAM deferred the measure until 04-06-26 10:31AM; Conference Room 211 & Videoconference.Minor
19. Mar 30Reported from EDT (Stand. Com. Rep. No. 3238) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
20. Mar 30The committee(s) on WAM will hold a public decision making on 04-01-26 10:03AM; Conference Room 211 & Videoconference.
21. Mar 30Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.Minor
22. Mar 24The committee(s) on EDT recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in EDT were as follows: 4 Aye(s): Senator(s) DeCoite, Wakai, Kim, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Fukunaga.Minor
  - Vote recorded The committee(s) on EDT recommend(s) that the measure be PASSED, WITH AMENDMENTS. Result: pass.Upper
23. Mar 20The committee(s) on EDT has scheduled a public hearing on 03-24-26 1:04PM; Conference Room 229 & Videoconference.
24. Mar 12Received from House (Hse. Com. No. 435).Minor
25. Mar 12Passed First Reading.Minor
26. Mar 12Referred to EDT, WAM.Minor
27. Mar 10Passed Third Reading as amended in HD 2 with Representative(s) Iwamoto voting aye with reservations; none voting no (0) and Representative(s) Pierick excused (1). Transmitted to Senate.Passed House
  - Vote recorded Passed Third Reading as amended in HD 2. Result: pass.Lower
28. Mar 6Reported from FIN (Stand. Com. Rep. No. 1111-26) as amended in HD 2, recommending passage on Third Reading.
29. Mar 6Forty-eight (48) hours notice Tuesday, 03-10-26.
30. Mar 2The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 16 Ayes: Representative(s) Todd, Takenouchi, Hartsfield, Hussey, Keohokapu-Lee Loy, Kitagawa, Kusch, Lee, M., Miyake, Morikawa, Perruso, Templo, Yamashita, Alcos, Gedeon, Reyes Oda; Ayes with reservations: none; Noes: none; and Excused: none.Minor
  - Vote recorded The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. Result: pass.Lower
31. Feb 27Bill scheduled to be heard by FIN on Monday, 03-02-26 2:00PM in House conference room 308 VIA VIDEOCONFERENCE.
32. Feb 19Reported from ECD (Stand. Com. Rep. No. 511-26) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
  - Vote recorded Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN. Result: pass.Lower
33. Feb 19Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and none excused (0).Minor
34. Feb 13The committee on ECD recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Ilagan, Hussey, Holt, Tam, Templo, Yamashita, Gedeon; Ayes with reservations: none; Noes: none; and Excused: none.Minor
  - Vote recorded The committee on ECD recommend that the measure be PASSED, WITH AMENDMENTS. Result: pass.Lower
35. Feb 10Bill scheduled to be heard by ECD on Friday, 02-13-26 8:30AM in House conference room 423 VIA VIDEOCONFERENCE.
36. Feb 2Referred to ECD, FIN, referral sheet 6Minor
37. Jan 28Introduced and Pass First Reading.Introduced

Issue with this bill?

HB 2546HawaiiWaiting for committee action

RELATING TO TAX CREDIT FOR RESEARCH ACTIVITIES.

What it does

Official summary

More detail

Effective 7/1/3050. (SD2)

Where do you stand?

Tell your reps

Take a position to see your representatives and ways to contact them.

More on this bill

Where it stands

IntroducedJan 28
Passed HouseMar 10
Passed SenateApr 14
To Governor
Became Law

Looking ahead

No hearings or votes scheduled.

History

2026
1. May 1Conference Committee Meeting will reconvene on Friday, 05-01-26 at 11:30AM in Conference Room 411.Latest
2. May 1Conference Committee Meeting will reconvene on Friday, 05-01-26 at 4:31PM in Conference Room 411.
3. May 1Conference committee meeting to reconvene on 05-01-26 5:37 PM; Conference Room 329.
4. May 1Conference committee meeting to reconvene on 05-01-26 5:40 PM; Conference Room 309.
5. Apr 30Conference Committee Meeting will reconvene on Friday 05-01-26 8:01AM in conference room 411.
6. Apr 28Bill scheduled for Conference Committee Meeting on Thursday, 04-30-26 8:30AM in conference room 411.
7. Apr 23Received notice of Senate conferees (Sen. Com. No. 725).Minor
8. Apr 22Senate Conferees Appointed: DeCoite Chair; Wakai Co-Chair; Fevella.
9. Apr 20House Conferees Appointed: Ilagan, Hussey Co-Chairs; Tam, Gedeon.
10. Apr 20Received notice of appointment of House conferees (Hse. Com. No. 786).Minor
11. Apr 17Received notice of disagreement (Hse. Com. No. 780).Minor
12. Apr 16House disagrees with Senate amendment (s).Minor
13. Apr 14Report adopted; Passed Third Reading, as amended (SD 2). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.Passed Senate
  - Vote recorded Report adopted; Passed Third Reading, as amended (SD 2). Result: pass.Upper
14. Apr 14Returned from Senate (Sen. Com. No. 701) in amended form (SD 2).
15. Apr 9Reported from WAM (Stand. Com. Rep. No. 3686) with recommendation of passage on Third Reading, as amended (SD 2).
16. Apr 948 Hrs. Notice 04-14-26.
17. Apr 6The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 12 Aye(s): Senator(s) Dela Cruz, Moriwaki, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Richards, Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Lee, C..Minor
  - Vote recorded The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. Result: pass.Upper
18. Apr 1The committee(s) on WAM deferred the measure until 04-06-26 10:31AM; Conference Room 211 & Videoconference.Minor
19. Mar 30Reported from EDT (Stand. Com. Rep. No. 3238) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
20. Mar 30The committee(s) on WAM will hold a public decision making on 04-01-26 10:03AM; Conference Room 211 & Videoconference.
21. Mar 30Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.Minor
22. Mar 24The committee(s) on EDT recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in EDT were as follows: 4 Aye(s): Senator(s) DeCoite, Wakai, Kim, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Fukunaga.Minor
  - Vote recorded The committee(s) on EDT recommend(s) that the measure be PASSED, WITH AMENDMENTS. Result: pass.Upper
23. Mar 20The committee(s) on EDT has scheduled a public hearing on 03-24-26 1:04PM; Conference Room 229 & Videoconference.
24. Mar 12Received from House (Hse. Com. No. 435).Minor
25. Mar 12Passed First Reading.Minor
26. Mar 12Referred to EDT, WAM.Minor
27. Mar 10Passed Third Reading as amended in HD 2 with Representative(s) Iwamoto voting aye with reservations; none voting no (0) and Representative(s) Pierick excused (1). Transmitted to Senate.Passed House
  - Vote recorded Passed Third Reading as amended in HD 2. Result: pass.Lower
28. Mar 6Reported from FIN (Stand. Com. Rep. No. 1111-26) as amended in HD 2, recommending passage on Third Reading.
29. Mar 6Forty-eight (48) hours notice Tuesday, 03-10-26.
30. Mar 2The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 16 Ayes: Representative(s) Todd, Takenouchi, Hartsfield, Hussey, Keohokapu-Lee Loy, Kitagawa, Kusch, Lee, M., Miyake, Morikawa, Perruso, Templo, Yamashita, Alcos, Gedeon, Reyes Oda; Ayes with reservations: none; Noes: none; and Excused: none.Minor
  - Vote recorded The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. Result: pass.Lower
31. Feb 27Bill scheduled to be heard by FIN on Monday, 03-02-26 2:00PM in House conference room 308 VIA VIDEOCONFERENCE.
32. Feb 19Reported from ECD (Stand. Com. Rep. No. 511-26) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
  - Vote recorded Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN. Result: pass.Lower
33. Feb 19Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and none excused (0).Minor
34. Feb 13The committee on ECD recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Ilagan, Hussey, Holt, Tam, Templo, Yamashita, Gedeon; Ayes with reservations: none; Noes: none; and Excused: none.Minor
  - Vote recorded The committee on ECD recommend that the measure be PASSED, WITH AMENDMENTS. Result: pass.Lower
35. Feb 10Bill scheduled to be heard by ECD on Friday, 02-13-26 8:30AM in House conference room 423 VIA VIDEOCONFERENCE.
36. Feb 2Referred to ECD, FIN, referral sheet 6Minor
37. Jan 28Introduced and Pass First Reading.Introduced

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Where it stands

Looking ahead

History

What it does

Where do you stand?

Choose your position

Tell your reps

More on this bill

Where it stands

Looking ahead

History