HOUSE OF REPRESENTATIVES	H.B. NO.	364
TWENTY-NINTH LEGISLATURE, 2017
STATE OF HAWAII

A BILL FOR AN ACT

relating to repeal of the inheritance and estate tax.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

     SECTION 1.  The purpose of this bill is to repeal the excessive taxation imposed on the transfer of property upon death.  The legislature believes that estate and inheritance taxes are an unjust form of double taxation. 

     SECTION 2.  Chapter 236D, Hawaii Revised Statutes, is repealed.

     SECTION 3.  Chapter 236E, Hawaii Revised Statutes, is repealed.

     SECTION 4.  This Act shall take effect on July 1, 2018.

INTRODUCED BY:	_____________________________
	_____________________________

Report Title:

Inheritance and estate taxation

Description:

A bill to repeal inheritance and estate taxes that act as a form of double taxation on individual tax payers.

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