HI SB1510 | 2020 | Regular Session
Note: Carry Over of previous SB1510
Status
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Introduced on January 24 2019 - 25% progression, died in committee
Action: 2019-12-01 - Carried over to 2020 Regular Session.
Pending: Senate Housing Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 24 2019 - 25% progression, died in committee
Action: 2019-12-01 - Carried over to 2020 Regular Session.
Pending: Senate Housing Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Encourages certain former Hawaii residents to move back to Hawaii by establishing the returning resident down payment program to provide matching funds for the down payment on a residence. Funds the program with real estate investment trust taxes. Repeals dividend paid deduction for real estate investment trusts. Appropriates funds.
Title
Relating To Down Payments.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2019-12-01 | Carried over to 2020 Regular Session. | |
2019-01-28 | Senate | Referred to HOU, JDC/WAM. |
2019-01-28 | Senate | Passed First Reading. |
2019-01-24 | Senate | Introduced. |
Same As/Similar To
SB1510 (Carry Over) 2019-01-28 - Referred to HOU, JDC/WAM.
Subjects
Appropriation ($)
Deductions
Real Estate Investment Trust
Returning Resident Down Payment Program
Special Fund
Deductions
Real Estate Investment Trust
Returning Resident Down Payment Program
Special Fund
Hawaii State Sources
Type | Source |
---|---|
Summary | https://www.capitol.hawaii.gov/measure_indiv.aspx?billtype=SB&billnumber=1510&year=2020 |
Text | https://www.capitol.hawaii.gov/session2020/bills/SB1510_.HTM |