HI HB2472 | 2018 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 19-0)
Status: Engrossed on March 2 2018 - 50% progression, died in committee
Action: 2018-03-22 - 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

Specifies that certain provisions of the Internal Revenue Code related to at-risk rules and deductions and to passive activity loss do not apply with respect to claims for the state low-income housing tax credit. Caps the state low-income housing tax credit at fifty per cent of the federal low-income housing tax credit. Takes effect on 07/01/2050. (SD1)

Tracking Information

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Title

Relating To The Low-income Housing Tax Credit.

Sponsors


History

DateChamberAction
2018-03-22SenateReport adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
2018-03-22SenateReported from HOU (Stand. Com. Rep. No. 3082) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
2018-03-13SenateThe committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HOU were as follows: 3 Aye(s): Senator(s) Espero, Harimoto, Green; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) K. Kahele, Nishihara.
2018-03-09SenateThe committee(s) on HOU has scheduled a public hearing on 03-13-18 2:45PM in conference room 225.
2018-03-08SenateReferred to HOU, WAM.
2018-03-06SenatePassed First Reading.
2018-03-06SenateReceived from House (Hse. Com. No. 232).
2018-03-02HousePassed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Cachola, Ing, San Buenaventura, Say, Yamane excused (5). Transmitted to Senate.
2018-03-02HouseReported from FIN (Stand. Com. Rep. No. 923-18), recommending passage on Third Reading.
2018-02-23HouseThe committees on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 11 Ayes: Representative(s) Luke, Cullen, Cachola, Fukumoto, Gates, Holt, Keohokalole, Kobayashi, Nakamura, Yamashita, Ward; Ayes with reservations: none; Noes: none; and 4 Excused: Representative(s) DeCoite, Lowen, Todd, Tupola.
2018-02-21HouseBill scheduled to be heard by FIN on Friday, 02-23-18 3:30PM in House conference room 308.
2018-02-14HousePassed 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) Souki excused (1).
2018-02-14HouseReported from HSG (Stand. Com. Rep. No. 386-18) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
2018-02-08HouseThe committees on HSG recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 6 Ayes: Representative(s) Brower, Nakamura, Aquino, Hashem, San Buenaventura, McDermott; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Quinlan.
2018-02-05HouseBill scheduled to be heard by HSG on Thursday, 02-08-18 9:30AM in House conference room 423.
2018-01-29HouseReferred to HSG, FIN, referral sheet 9
2018-01-24HouseIntroduced and Pass First Reading.
2018-01-23HousePending introduction.

Same As/Similar To

SB2402 (Same As) 2018-04-26 - Conference committee meeting to reconvene on 04-27-18 2:00PM in conference room 325.

Subjects


Hawaii State Sources


Bill Comments

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