Bill Text: HI HB967 | 2022 | Regular Session | Introduced
Bill Title: Relating To Housing.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2021-12-10 - Carried over to 2022 Regular Session. [HB967 Detail]
Download: Hawaii-2022-HB967-Introduced.html
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HOUSE OF REPRESENTATIVES |
H.B. NO. |
967 |
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THIRTY-FIRST LEGISLATURE, 2021 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO HOUSING.
BE IT ENACTED
BY THE LEGISLATURE OF THE STATE OF HAWAII:
Section 1. Lands utilized by the department of Hawaiian home lands to provide housing for native Hawaiians are offered at affordable rates when compared to similar housing available in Hawaii. The purpose of this bill is to exempt any housing development for the department of Hawaiian home lands from general excise taxes.
Section 2. Chapter 237, Hawaii Revised Statutes, is amended by adding a new section to be appropriately designated and to read as follows:
"§237- Exemptions
for any housing development for the department of Hawaiian home lands. (a) All
gross income received by any qualified person or firm for the planning, design,
financing, or construction of any housing development for the department of Hawaiian
home lands shall be exempt from general excise taxes.
(b) The department of Hawaiian home lands may approve
and certify for exemption from general excise taxes any qualified person or firm
involved with a newly constructed, or a moderately or substantially rehabilitated,
project that is:
(1) Developed under
a government assistance program approved by the department of Hawaiian home lands;
(2) Developed under
the sponsorship of a private nonprofit organization providing home rehabilitation
or new homes for qualified families in need of decent, low-cost housing;
(3) Developed by a qualified
person or firm to provide affordable rental housing where at least fifty per cent
of the available units are for households with incomes at or below eighty per cent
of the area median family income as determined by the United States Department of
Housing and Urban Development; or
(4) Developed by contract
or project developer agreement to provide affordable housing through new construction
or substantial rehabilitation; provided that:
(A) The
allowable general excise tax and use tax costs shall apply to contracting only and
shall not exceed $30,000,000 per year in the aggregate for all projects approved
and certified by the department of Hawaiian home lands; and
(B) At
least twenty per cent of the available units are for households with incomes at
or below eighty per cent of the area median family income as determined by the United
States Department of Housing and Urban Development.
(c) To obtain certification for exemption under
this section, housing projects shall, unless exempted by the department of Hawaiian
home lands, be covered by a regulatory agreement with the department of Hawaiian
home lands to ensure the project's continued compliance with the applicable eligibility
requirements set forth in subsection (b).
(d) All claims for exemption under this section
shall be filed with and certified by the department of Hawaiian home lands and forwarded
to the department of taxation. Any claim
for exemption that is filed and approved, shall not be considered a subsidy.
(e) For purposes of this section:
"Moderate rehabilitation"
means rehabilitation to upgrade a dwelling unit to a decent, safe, and sanitary
condition, or to repair or replace major building systems or components in danger
of failure.
"Substantial rehabilitation":
(1) Means the improvement
of a property to a decent, safe, and sanitary condition that requires more than
routine or minor repairs or improvements.
It may include but is not limited to the gutting and extensive reconstruction
of a dwelling unit, or cosmetic improvements coupled with the curing of a substantial
accumulation of deferred maintenance; and
(2) Includes renovation,
alteration, or remodeling to convert or adapt structurally sound property to the
design and condition required for a specific use, such as conversion of a hotel
to housing for elders.
(f) The department of Hawaiian home lands may establish,
revise, charge, and collect a reasonable service fee, as necessary, in connection
with its approvals and certifications under this section. The fees shall be deposited into the Hawaiian
home administration account."
SECTION 3. New statutory material is underscored.
SECTION 4. This Act shall take effect upon its approval.
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INTRODUCED BY: |
_____________________________ |
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BY REQUEST |
Report Title:
Housing; General Excise Tax Exemption
Description:
Exempts any housing development for the Department of Hawaiian Home Lands from general excise taxes.
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.
