HI HB234 | 2024 | Regular Session
Note: Carry Over of previous HB234
Status
Spectrum: Partisan Bill (Democrat 10-0)
Status: Introduced on January 20 2023 - 25% progression, died in committee
Action: 2023-12-11 - Carried over to 2024 Regular Session.
Pending: House Economic Development Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 20 2023 - 25% progression, died in committee
Action: 2023-12-11 - Carried over to 2024 Regular Session.
Pending: House Economic Development Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Disallows dividends paid deduction for real estate investment trusts. Specifies that amounts collected from the disallowance be evenly divided and deposited into the dwelling unit revolving fund and rental housing revolving fund. Applies to taxable years beginning after 12/31/2023. Sunsets 12/31/2026.
Title
Relating To Taxation Of Real Estate Investment Trusts.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2023-12-11 | Carried over to 2024 Regular Session. | |
| 2023-01-25 | House | Referred to ECD, CPC, FIN, referral sheet 1 |
| 2023-01-20 | House | Introduced and Pass First Reading. |
| 2023-01-19 | House | Pending introduction. |
Same As/Similar To
SB359 (Same As) 2023-12-11 - Carried over to 2024 Regular Session.
HB234 (Carry Over) 2023-01-25 - Referred to ECD, CPC, FIN, referral sheet 1
HB234 (Carry Over) 2023-01-25 - Referred to ECD, CPC, FIN, referral sheet 1
Subjects
Hawaii State Sources
| Type | Source |
|---|---|
| Summary | https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=234&year=2024 |
| Text | https://www.capitol.hawaii.gov/sessions/session2024/bills/HB234_.HTM |
