States / Hawaii / SB 721

SB 721 Passed First Chamber

RELATING TO THE ESTATE TAX.

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

Amends the exclusion amount of Hawaii's estate tax. Repeals exemption for tax imposed on transfer of taxable estate located in Hawaii for nonresidents and nonresidents who are not citizens. Applicable to decedents dying or taxable transfers occurring after 12/31/2024. Effective 7/1/2050. (SD1)

Chamber
Senate
Introduced
Jan 17, 2025
Last action
Jan 17, 2025 — Introduced.
Session
2026
Momentum
56 · Moderate