---
type: "Bill"
title: "RELATING TO PASS-THROUGH ENTITY TAXATION."
description: "Authorizes certain pass-through entities to elect to pay Hawaii income tax at the entity level. (CD1)"
jurisdiction: "us/states/hi"
legislature: "Hawaii Legislature"
session: "2023 Regular Session"
identifier: "SB 1437"
citation: "Hawaii SB 1437 (2023 Regular Session)"
classification: ["bill"]
subjects: ["Partnerships", "Pass-through Entity", "S Corporations", "Taxation"]
status: "enacted"
primary_sponsors: ["KEITH-AGARAN"]
version_count: 5
action_count: 42
vote_count: 5
first_action: "2023-01-25"
last_action: "2023-06-01"
source: "openstates"
source_identifier: "ocd-bill/11ca9a2c-1f3a-40cb-9aa6-08cae90ac5fd"
source_url: "https://capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=1437&year=2023"
source_hash: "381ae2d8b066ec8fb02624e0bf35d0fadfa3d391ab904d64e636757079915bee"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-hi"]
---

# Hawaii SB 1437 (2023 Regular Session) — RELATING TO PASS-THROUGH ENTITY TAXATION.

Authorizes certain pass-through entities to elect to pay Hawaii income tax at the entity level. (CD1)

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **SB1437** (committee substitute) — [source](https://capitol.hawaii.gov/sessions/session2023/bills/SB1437_.HTM)
2. **SB1437_CD1** (committee substitute) — [source](https://capitol.hawaii.gov/sessions/session2023/bills/SB1437_CD1_.HTM)
3. **SB1437_HD1** (committee substitute) — [source](https://capitol.hawaii.gov/sessions/session2023/bills/SB1437_HD1_.HTM)
4. **SB1437_HD2** (committee substitute) — [source](https://capitol.hawaii.gov/sessions/session2023/bills/SB1437_HD2_.HTM)
5. **SB1437_SD1** (committee substitute) — [source](https://capitol.hawaii.gov/sessions/session2023/bills/SB1437_SD1_.HTM)

## Votes

- The Conference Committee recommends that the measure be Passed, with Amendments. — **4–0** (pass) · lower
- The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. — **12–0** (pass) · upper
- The committee on ECD recommend that the measure be PASSED, WITH AMENDMENTS. — **7–0** (pass) · lower
- The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. — **2–0** (pass) · upper
- The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. — **16–0** (pass) · lower

## Sponsors

- KEITH-AGARAN — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2023-06-01** Act 050, 06/01/2023 (Gov. Msg. No. 1150). `became-law`
- **2023-06-01** Act 050, on 06/01/2023 (Gov. Msg. No. 1150). `became-law`
- **2023-05-04** Enrolled to Governor. `executive-receipt`
- **2023-05-04** Received notice of passage on Final Reading in House (Hse. Com. No. 900). `receipt`
- **2023-05-02** Received notice of Final Reading (Sen. Com. No. 993). `receipt`
- **2023-05-02** Passed Final Reading as amended in CD 1 with none voting aye with reservations; Representative(s) Perruso voting no (1) and none excused (0). `passage`
- **2023-05-02** Passed Final Reading, as amended (CD 1). Ayes, 25; Aye(s) with reservations: none . 0 No(es): none. 0 Excused: none. `passage`
- **2023-04-28** Forty-eight (48) hours notice Tuesday, 05-02-23.
- **2023-04-28** Reported from Conference Committee (Conf Com. Rep. No. 88) as amended in (CD 1).
- **2023-04-28** 48 Hrs. Notice (as amended CD 1) 05-02-23.
- **2023-04-28** Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 88).
- **2023-04-28** The Conference Committee recommends that the measure be Passed, with Amendments. The votes were as follows: 4 Ayes: Representative(s) Holt, Yamashita, Lamosao, Pierick; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none.
- **2023-04-28** The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. The votes of the Senate Conference Managers were as follows: 2 Aye(s): Senator(s) Keith-Agaran, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Kanuha. `committee-passage-favorable`
- **2023-04-27** Conference committee meeting scheduled for 04-28-23 4:00PM; Conference Room 309.
- **2023-04-27** Received notice of appointment of House conferees (Hse. Com. No. 885). `receipt`
- **2023-04-26** House Conferees Appointed: Holt, Yamashita Co-Chairs; Lamosao, Pierick.
- **2023-04-24** Senate Conferees Appointed: Keith-Agaran Chair; Kanuha, Fevella.
- **2023-04-24** Received notice of Senate conferees (Sen. Com. No. 972). `receipt`
- **2023-04-13** Received notice of disagreement (Sen. Com. No. 888). `receipt`
- **2023-04-13** Senate disagrees with House amendments. `amendment-failure`
- **2023-04-13** Received from House (Hse. Com. No. 786). `introduction, receipt`
- **2023-04-11** Passed Third Reading as amended in HD 2 with none voting aye with reservations; none voting no (0) and Representative(s) Martinez, Todd excused (2). Transmitted to Senate. `passage`
- **2023-04-06** Forty-eight (48) hours notice Tuesday, 04-11-23.
- **2023-04-06** Reported from FIN (Stand. Com. Rep. No. 2082) as amended in HD 2, recommending passage on Third Reading.
- **2023-03-30** The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 16 Ayes: Representative(s) Yamashita, Kitagawa, Aiu, Chun, Cochran, Garrett, Kahaloa, Kila, Kobayashi, Lamosao, Morikawa, Nishimoto, Poepoe, Takenouchi, Alcos, Ward; Ayes with reservations: none; Noes: none; and Excused: none. `committee-passage-favorable`
- **2023-03-28** Bill scheduled to be heard by FIN on Thursday, 03-30-23 3:00PM in House conference room 308 VIA VIDEOCONFERENCE.
- **2023-03-24** Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Ilagan excused (1). `reading-2, referral-committee`
- **2023-03-24** Reported from ECD (Stand. Com. Rep. No. 1501) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
- **2023-03-22** The committee on ECD recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Holt, Lamosao, Hussey-Burdick, Kong, Nakamura, Quinlan, Pierick; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) La Chica. `committee-passage-favorable`
- **2023-03-20** Bill scheduled to be heard by ECD on Wednesday, 03-22-23 9:30AM in House conference room 423 VIA VIDEOCONFERENCE.
- **2023-03-09** Referred to ECD, FIN, referral sheet 17 `referral-committee`
- **2023-03-09** Pass First Reading `reading-1`
- **2023-03-07** Received from Senate (Sen. Com. No. 445) in amended form (SD 1). `introduction, receipt`
- **2023-03-07** Passed Third Reading, as amended (SD 1). Ayes, 23; Aye(s) with reservations: none. Noes, 1 (Senator(s) Awa). Excused, 1 (Senator(s) Fukunaga). Transmitted to House. `passage`
- **2023-03-03** 48 Hrs. Notice 03-07-23.
- **2023-03-03** Report adopted; Passed Second Reading, as amended (SD 1). `reading-2, referral-committee`
- **2023-03-03** Reported from WAM (Stand. Com. Rep. No. 809) with recommendation of passage on Second Reading, as amended (SD 1) and placement on the calendar for Third Reading.
- **2023-02-27** The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 12 Aye(s): Senator(s) Dela Cruz, Keith-Agaran, Aquino, DeCoite, Inouye, Kanuha, Kim, Lee, Moriwaki, Shimabukuro, Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Kidani. `committee-passage-favorable`
- **2023-02-23** The committee(s) on WAM has scheduled a public hearing on 02-27-23 10:35AM; Conference Room 211 & Videoconference.
- **2023-01-30** Referred to WAM. `referral-committee`
- **2023-01-25** Passed First Reading. `reading-1`
- **2023-01-25** Introduced. `introduction`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/11ca9a2c-1f3a-40cb-9aa6-08cae90ac5fd`. Confidence: reported (aggregated from official Hawaii legislature records).