HI SB2890

Amends section 235-3(b) of Hawaii Revised Statutes to clarify that "estate taxes" in the Internal Revenue Code refers to taxes imposed under chapter 236D or chapter 236E as applicable based on date of death.

Adds generation-skipping tax imposed by chapter 236E to the definition of estate taxes for purposes of applying the Internal Revenue Code to Hawaii income tax law.

Makes the technical correction retroactively effective to January 26, 2012.