HI HB286 | 2024 | Regular Session
Note: Carry Over of previous HB286
Status
Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on January 20 2023 - 25% progression, died in committee
Action: 2023-12-11 - Carried over to 2024 Regular Session.
Pending: House Water & Land 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 Water & Land Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Increases the rate of conveyance tax for condominiums and single family residences ineligible for a county homeowner's exemption with a value of at least $2,000,000. Exempts from the conveyance tax documents and instruments conveying real property subject to a government assistance program approved and certified by the Hawaii housing finance and development corporation and used for the provision of affordable housing for qualified persons in the State. Removes maximum dollar amount of conveyance tax revenues that are to be paid into the rental housing revolving fund each fiscal year. Effective 1/1/2024.
Title
Relating To The Conveyance Tax.
Sponsors
Rep. Darius Kila [D] | Rep. Cory Chun [D] | Sen. Troy Hashimoto [D] | Rep. Daniel Holt [D] |
Rep. Mahina Poepoe [D] | Rep. Chris Todd [D] |
History
Date | Chamber | Action |
---|---|---|
2023-12-11 | Carried over to 2024 Regular Session. | |
2023-01-25 | House | Referred to WAL, FIN, referral sheet 1 |
2023-01-20 | House | Introduced and Pass First Reading. |
2023-01-19 | House | Pending introduction. |
Same As/Similar To
SB362 (Same As) 2023-12-11 - Carried over to 2024 Regular Session.
HB286 (Carry Over) 2023-01-25 - Referred to WAL, FIN, referral sheet 1
HB286 (Carry Over) 2023-01-25 - Referred to WAL, FIN, referral sheet 1
Subjects
Hawaii State Sources
Type | Source |
---|---|
Summary | https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=286&year=2024 |
Text | https://www.capitol.hawaii.gov/sessions/session2024/bills/HB286_.HTM |