HI SB871 | 2021 | Regular Session
Note: Carry Foward to future SB871
Status
Spectrum: Partisan Bill (Democrat 5-0)
Status: Introduced on January 22 2021 - 25% progression, died in committee
Action: 2021-02-19 - Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
Pending: Senate Ways and Means Committee
Text: Latest bill text (Amended) [HTML]
Status: Introduced on January 22 2021 - 25% progression, died in committee
Action: 2021-02-19 - Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
Pending: Senate Ways and Means Committee
Text: Latest bill text (Amended) [HTML]
Summary
Lowers conveyance tax rates for properties with a value under $2,000,000. Increases conveyance tax rates for investment properties with certain exceptions. Requires a percentage of conveyance taxes collected to be deposited into the housing finance revolving fund. Effective 1/1/2022. (SD1)
Title
Relating To Housing.
Sponsors
| Sen. Maile Shimabukuro [D] | Sen. Chris Lee [D] | Sen. Sharon Moriwaki [D] | Sen. Laura Acasio [D] |
| Sen. Michelle Kidani [D] |
Roll Calls
2021-02-11 - Senate - Senate Housing: Passed, With Amendments (Y: 4 N: 0 NV: 0 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2021-02-19 | Senate | Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM. |
| 2021-02-19 | Senate | Reported from HOU (Stand. Com. Rep. No. 527) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM. |
| 2021-02-11 | Senate | The committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HOU were as follows: 4 Aye(s): Senator(s) Chang, Kanuha, Moriwaki, Rhoads; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Fevella. |
| 2021-02-08 | Senate | The committee(s) on HOU has scheduled a public hearing on 02-11-21 1:15PM in conference room 225. |
| 2021-01-29 | Senate | Referred to HOU, WAM. |
| 2021-01-25 | Senate | Passed First Reading. |
| 2021-01-22 | Senate | Introduced. |
Same As/Similar To
SB871 (Carry Over) 2021-02-19 - Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
HB624 (Same As) 2021-01-27 - Referred to WAL/HSG, FIN, referral sheet 1
HB624 (Same As) 2021-01-27 - Referred to WAL/HSG, FIN, referral sheet 1
