States / Hawaii / HB 1151

HB 1151 In Committee

RELATING TO INCOME TAX WITHHOLDING.

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

For taxable years beginning after December 31, 2024, (1) repeals the maximum tax rate that may be considered in determining the amount of income tax that must be withheld and the requirement that a standard deduction allowance be treated as if it was denominated as a withholding exemption, and (2) for the purpose of income tax withholding, permits the Director of Taxation to prescribe a standard deduction allowance in an amount more or less than one whole exemption.

Chamber
House
Introduced
Jan 21, 2025
Last action
Jan 21, 2025 — Pending introduction.
Session
2026
Momentum
28 · Low