HB1458Introduced in the House
Relating To Taxation Of Advertising Revenue By Major Social Media Platforms.
Introduced by Ikaika Hussey, District 29
What does this bill do?
Plain-English breakdown
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Official description
Establishes the Broadband and Digital Equity Special Fund to receive revenues earned by major social media platforms to fund initiatives expanding broadband access and local journalism initiatives. Directs the Department of Taxation to apply the state corporate income tax to advertising revenue earned by major social media platforms if the revenue is derived from content created within the State or from audiences located in the State. Appropriates funds. Effective 7/1/3000. (HD1)
Where it stands
Passed Second Reading as amended in HD 1 and referred to the committee(s) on CPC with Representative(s) Garcia voting aye with reservations; Representative(s) Pierick voting no (1) and none excused (0).
February 12, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
Bill history
Introduced and Pass First Reading.
Referred to ECD, CPC, FIN, referral sheet 4
Carried over to 2026 Regular Session.
Bill scheduled to be heard by ECD on Wednesday, 02-11-26 8:30AM in House conference room 423 VIA VIDEOCONFERENCE.
The committee on ECD recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Ilagan, Hussey, Holt, Tam, Templo, Yamashita, Gedeon; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none.
Reported from ECD (Stand. Com. Rep. No. 253-26) as amended in HD 1, recommending passage on Second Reading and referral to CPC.
Passed Second Reading as amended in HD 1 and referred to the committee(s) on CPC with Representative(s) Garcia voting aye with reservations; Representative(s) Pierick voting no (1) and none excused (0).
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