SB2656Introduced in the Senate
Relating To Taxation.
Introduced by Dru Kanuha, District 3
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
Disallows the dividends paid deduction for real estate investment trusts, except those having investments or that are community development financial institutions. (SD1)
Where it stands
Re-Referred to EDT/CPN/WAM.
February 25, 2026
How did lawmakers vote?
SenateStage: Senate Ways and Means: Passed, With Amendments And Be Recommitted · February 25, 2026
11
Yes
0
No
2
Absent or Not Voting
13 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.
What do people think?
Citizen Voice
How would you vote on this bill?
An unofficial public opinion poll. It does not affect the bill or the official vote.
One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.
See how each senator voted
| Senator | District | Vote |
|---|---|---|
| Lorraine Inouye | 1 | Yes |
| Dru Kanuha | 3 | Yes |
| Tim Richards | 4 | Yes |
| Troy Hashimoto | 5 | Yes |
| Lynn Decoite | 7 | Yes |
| Sharon Moriwaki | 12 | Yes |
| Donna Kim | 14 | Absent |
| Glenn Wakai | 15 | Yes |
| Brandon Elefante | 16 | Yes |
| Donovan Cruz | 17 | Yes |
Bill history
Introduced.
Passed First Reading.
Referred to WAM.
The committee(s) on WAM will hold a public decision making on 02-25-26 10:54AM; Conference Room 211 & Videoconference.
The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS and be recommitted. The votes in WAM were as follows: 11 Aye(s): Senator(s) Dela Cruz, Moriwaki, DeCoite, Hashimoto, Inouye, Kanuha, Lee, C., Richards; Aye(s) with reservations: Senator(s) Elefante, Wakai, Fevella ; 0 No(es): none; and 2 Excused: Senator(s) Kidani, Kim.
Reported from WAM (Stand. Com. Rep. No. 2720) as amended (SD 1), with recommendation of recommittal to WAM.
Report adopted, as amended (SD 1) and recommitted to WAM.
Re-Referred to EDT/CPN/WAM.
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