HI SB2528 | 2024 | Regular Session
Status
Spectrum: Moderate Partisan Bill (Democrat 6-1)
Status: Introduced on January 19 2024 - 25% progression, died in committee
Action: 2024-02-06 - The committee on HOU deferred the measure.
Pending: Senate Housing Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 19 2024 - 25% progression, died in committee
Action: 2024-02-06 - The committee on HOU deferred the measure.
Pending: Senate Housing Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Disallows dividends paid deduction for real estate investment trusts, except for real estate investment trusts that provide affordable housing in the State. Applies to taxable years beginning after 12/31/2024. Sunsets 12/31/2027.
Title
Relating To Taxation.
Sponsors
| Sen. Sharon Moriwaki [D] | Sen. Stanley Chang [D] | Sen. Kurt Fevella [R] | Sen. Angus McKelvey [D] |
| Sen. Maile Shimabukuro [D] | Sen. Michelle Kidani [D] | Sen. Joy San Buenaventura [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2024-02-06 | Senate | The committee on HOU deferred the measure. |
| 2024-02-02 | Senate | The committee(s) on HOU added the measure to the public hearing scheduled on 02-06-24 1:15PM; CR 225 & Videoconference. |
| 2024-01-24 | Senate | Referred to HOU, CPN/WAM. |
| 2024-01-22 | Senate | Passed First Reading. |
| 2024-01-19 | Senate | Introduced. |
Subjects
Hawaii State Sources
| Type | Source |
|---|---|
| Summary | https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=2528&year=2024 |
| Text | https://www.capitol.hawaii.gov/sessions/session2024/bills/SB2528_.HTM |
