HI SB469 | 2025 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 16 2025 - 25% progression
Action: 2025-01-16 - Passed First Reading.
Text: Latest bill text (Introduced) [HTML]

Summary

Establishes the Homeless Services Special Fund. Allows counties to apply for matching funds from the Affordable Homeownership Revolving Fund for certain housing projects. Increases the conveyance tax rates for certain properties. Establishes conveyance tax rates for multifamily residential properties. Establishes new exemptions to the conveyance tax. Allocates collected conveyance taxes to the Affordable Homeownership Revolving Fund, Homeless Services Special Fund and, and Dwelling Unit Revolving Fund. Amends allocations to the Land Conservation Fund and Rental Housing Revolving Fund.

Tracking Information

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Title

Relating To The Conveyance Tax.

Sponsors


History

DateChamberAction
2025-01-16SenatePassed First Reading.
2025-01-16SenateIntroduced.

Subjects


Hawaii State Sources


Bill Comments

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