HI HB1628 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on January 17 2024 - 25% progression
Action: 2024-02-13 - The committee(s) on WAL recommend(s) that the measure be deferred.
Pending: House Water & Land Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 17 2024 - 25% progression
Action: 2024-02-13 - The committee(s) on WAL recommend(s) that the measure be deferred.
Pending: House Water & Land Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Imposes conveyance tax on the transfer of a controlling interest of an entity with an interest in real property. Stipulates that the imposition of the conveyance tax on transfers of entity ownership shall not apply to any transfer of interest or acquisition between entities wholly owned by the same common ownership that results in no change in the beneficial ownership. Imposes the conveyance tax on certain transfers of real property at the lowest tax rate.
Title
Relating To Taxation.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-02-13 | House | The committee(s) on WAL recommend(s) that the measure be deferred. |
| 2024-02-08 | House | Bill scheduled to be heard by WAL on Tuesday, 02-13-24 10:30AM in House conference room 430 VIA VIDEOCONFERENCE. |
| 2024-01-24 | House | Referred to WAL, FIN, referral sheet 1 |
| 2024-01-17 | House | Introduced and Pass First Reading. |
| 2024-01-16 | House | Prefiled. |
Subjects
Hawaii State Sources
| Type | Source |
|---|---|
| Summary | https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=1628&year=2024 |
| Text | https://www.capitol.hawaii.gov/sessions/session2024/bills/HB1628_.HTM |
