· HI legislature · 2026

RELATING TO CAPITAL GAINS TAX.

Taxes capital gains tax for individuals, estates, and trusts as ordinary income, except for capital gains that are eligible for a county homeowner's exemption. Repeals the alternative capital gains tax for corporations. Applies to taxable years beginning after 12/31/2026. Effective 7/1/3000. (HD2)

Sponsor

Greggor Ilagan (D-HI)

Introduced

2026-03-12

Policy area

Taxation

Latest action

Pending introduction.