Official record
Measure details
- Jurisdiction
- Hawaii
- Session
- 2026
- Chamber
- upper
- Classification
- bill
- Subjects
- DOTAX, Distributions, Form 1099-R, Income Tax, Rules, Voluntary Withholding
- Introduced / first action
- 2026-01-23 00:00:00
Source-supplied abstracts
Provides that taxable income subject to reporting as distribution on Internal Revenue Service Form 1099-R may be subject to withholding at the taxpayer's election. Requires the Department of Taxation to adopt rules and prescribe forms. Applicable to taxable years beginning after 12/31/2026. (CD1)