HI SB2498 | 2022 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on January 21 2022 - 25% progression, died in committee
Action: 2022-01-24 - Referred to HOU/GVO, WAM.
Pending: Senate Housing Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 21 2022 - 25% progression, died in committee
Action: 2022-01-24 - Referred to HOU/GVO, WAM.
Pending: Senate Housing Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Clarifies that the eligibility for the general excise tax exemption includes the nonreceipt of financing from the Hawaii Housing and Finance and Development Corporation. Allows certain affordable rental housing projects to receive a waiver of various development fees from a county. Removes the limit on the type of costs eligible for exemption from the general excise tax for development of affordable rental housing certified by the Hawaii Housing Finance and Development Corporation.
Title
Relating To Housing.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2022-01-24 | Senate | Referred to HOU/GVO, WAM. |
| 2022-01-24 | Senate | Passed First Reading. |
| 2022-01-21 | Senate | Introduced. |
Subjects
Affordable Housing
General Excise Tax Exemption
Hawaii Housing and Finance Development Corporation
Prevailing Wages
Rental Housing Projects
General Excise Tax Exemption
Hawaii Housing and Finance Development Corporation
Prevailing Wages
Rental Housing Projects
Hawaii State Sources
| Type | Source |
|---|---|
| Summary | https://www.capitol.hawaii.gov/measure_indiv.aspx?billtype=SB&billnumber=2498&year=2022 |
| Text | https://www.capitol.hawaii.gov/session2022/bills/SB2498_.HTM |
