HI SB219 | 2018 | Regular Session

Note: Carry Over of previous SB219

Status

Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on January 20 2017 - 25% progression, died in committee
Action: 2017-11-30 - Carried over to 2018 Regular Session.
Pending: Senate Housing Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Eliminates the mortgage interest deduction for second homes under Hawaii income tax law. Requires DOTAX to calculate the savings and transfer an equivalent amount of income taxes to the director of finance for deposit into the rental housing revolving fund.

Tracking Information

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Title

Relating To The Mortgage Interest Deduction.

Sponsors


History

DateChamberAction
2017-11-30 Carried over to 2018 Regular Session.
2017-01-31SenateThe committee on HOU deferred the measure.
2017-01-27SenateThe committee(s) on HOU has scheduled a public hearing on 01-31-17 2:45PM in conference room 225.
2017-01-20SenateReferred to HOU, WAM.
2017-01-20SenatePassed First Reading.
2017-01-20SenateIntroduced.

Same As/Similar To

HB486 (Same As) 2017-11-30 - Carried over to 2018 Regular Session.
SB219 (Carry Over) 2017-01-31 - The committee on HOU deferred the measure.

Subjects


Hawaii State Sources


Bill Comments

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