BILL · 2005–06 SESSION
HB 2318: Taxation of unearned income
Imposing a tax on unearned income.
Summary
- Provides that a one percent tax is imposed on the taxable income of: (1) Individuals; and (2) Partnerships, limited liability companies, associations, and trusts, the beneficial interest in which is not represented by transferable shares, whose gross interest and dividend income from all sources exceeds three thousand dollars during the taxable year.
From the Bill Digest (HB 2318), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedApr 13, 2005
- Out of committeestopped here
- Passed House
- Passed Senate
- Governor
- Law
- Prime sponsor
- Bob Hasegawa (D-11)
- Introduced
- April 13, 2005 in the House
- Last action
- January 9, 2006
AN ACT Relating to taxation of unearned income;
Sponsors
Prime sponsor: Bob Hasegawa (D-11)
6 co-sponsors (6 Democrats, 0 Republicans)
Votes
No recorded floor votes. This measure never reached a floor vote.
History
- By resolution, reintroduced and retained in present status.
- First reading, referred to Finance.
HB 2318 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- HB 2318 (2025–26) Early achievers awards
- HB 2318 (2023–24) State route number 501
- HB 2318 (2019–20) Criminal investigation
- HB 2318 (2017–18) Water-sewer comm'r insurance
- HB 2318 (2015–16) Wild animals exception/USDA
- HB 2318 (2013–14) Medicaid transp. brokers
- HB 2318 (2011–12) Patient decisions/shared
- HB 2318 (2009–10) Aerospace tech institute