31st Legislature, 2021
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SB927 SD1       (?)


Measure Title: RELATING TO TAXATION.
Report Title: Taxation; Qualified High Technology Business; Stock Options; Exclusion
Description: Provides that up to $50,000 per year in income earned and proceeds derived from stock options or stock by an employee from a qualified high technology business, as defined therein, or an investor who qualifies for a high technology business investment tax credit, shall be excluded from taxation, provided that amounts in excess of $50,000 in the taxable year shall be taxed at the applicable income tax rate. (SD1)
Companion:  HB316
Package: None
Current Referral: EET, WAM
Introducer(s): WAKAI, MISALUCHA, Baker, Chang, Keith-Agaran, Shimabukuro

Sort by Date Status Text
1/22/2021SIntroduced.
1/25/2021SPassed First Reading.
1/29/2021SReferred to EET, WAM.
2/5/2021SThe committee(s) on EET has scheduled a public hearing on 02-10-21 3:00PM in conference room 224.
2/10/2021SThe committee(s) on EET recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in EET were as follows: 4 Aye(s): Senator(s) Wakai, Misalucha, Riviere, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Lee.
2/18/2021SReported from EET (Stand. Com. Rep. No. 346) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
2/18/2021SReport adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

S = Senate | H = House | D = Data Systems | $ = Appropriation measure | ConAm = Constitutional Amendment

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SB927 SD1






CommDate/Time/RoomNotice 
EET 2/10/21 3:00P
224
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