HI SB1133 | 2025 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 17 2025 - 25% progression
Action: 2025-02-03 - The committee(s) on HOU has scheduled a public hearing on 02-06-25 1:05PM; Conference Room 225 & Videoconference.
Pending: Senate Housing Committee
Hearing: Feb 6 @ 1:05 pm in Conference Room 225 & Videoconference
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 17 2025 - 25% progression
Action: 2025-02-03 - The committee(s) on HOU has scheduled a public hearing on 02-06-25 1:05PM; Conference Room 225 & Videoconference.
Pending: Senate Housing Committee
Hearing: Feb 6 @ 1:05 pm in Conference Room 225 & Videoconference
Text: Latest bill text (Introduced) [HTML]
Summary
Authorizes each county to establish by ordinances a rental unit price control that prohibits a landlord from increasing the rental price of a dwelling unit at a rate that exceeds the percentage calculated and published by the county based on changes in the applicable Consumer Price Index. Beginning 8/1/2025, requires each county to annually calculate and publish the maximum rate at which a landlord may increase the rental price of a dwelling unit during the immediately succeeding twelve-month period. Establishes a Long-Term Residential Lease Tax Credit for taxpayers who own and lease a dwelling unit located in a county that has adopted a rental unit price ceiling ordinance to a person as the person's principal residence in the State pursuant to a lease agreement of a term of one year or longer. Tax credit applies to taxable years beginning after 12/31/2024.
Title
Relating To Housing.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2025-02-03 | Senate | The committee(s) on HOU has scheduled a public hearing on 02-06-25 1:05PM; Conference Room 225 & Videoconference. |
2025-01-31 | Senate | Re-Referred to HOU, CPN/WAM. |
2025-01-23 | Senate | Referred to HOU/EIG, CPN/WAM. |
2025-01-21 | Senate | Passed First Reading. |
2025-01-17 | Senate | Introduced. |