HI SB3102 | 2024 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 24 2024 - 25% progression, died in committee
Action: 2024-01-26 - Referred to HOU, WAM.
Pending: Senate Housing Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Extends the Hawaii Housing Finance and Development Corporation approval and certification period in which construction or rehabilitation of certain projects under section 201H-36(a)(5), HRS, can qualify for general excise tax (GET) exemption and repeals the limitation of the costs to contracting, including repealing the $30,000,000 annual cap on allowable GET and use tax costs applicable to contracting under section 201H-36(a)(5), HRS. Repeals the provision prohibiting qualified persons or firms from receiving direct or indirect financing for construction projects from any governmental contracting agency, including HHFDC, as a condition of the section 201H-36(a)(5), HRS, prevailing wage terms.

Tracking Information

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Title

Relating To Housing.

Sponsors


History

DateChamberAction
2024-01-26SenateReferred to HOU, WAM.
2024-01-24SenatePassed First Reading.
2024-01-24SenateIntroduced.

Same As/Similar To

HB2413 (Same As) 2024-02-06 - Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Kapela, Nakashima, Ward excused (3).

Subjects


Hawaii State Sources


Bill Comments

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