· HI legislature · 2026

RELATING TO A WEALTH ASSET TAX.

Beginning January 1, 2030, establishes a wealth asset tax of one per cent of the state net worth of each individual taxpayer who holds $20,000,000 or more in assets in the State. Effective 4/23/2057. (SD1)

Sponsor

Karl Rhoads (D-HI)

Introduced

2025-12-08

Policy area

Taxation

Latest action

Pending Introduction.