HI HB286 | 2024 | Regular Session

Note: Carry Over of previous HB286

Status

Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on January 20 2023 - 25% progression
Action: 2023-12-11 - Carried over to 2024 Regular Session.
Pending: House Water & Land Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Increases the rate of conveyance tax for condominiums and single family residences ineligible for a county homeowner's exemption with a value of at least $2,000,000. Exempts from the conveyance tax documents and instruments conveying real property subject to a government assistance program approved and certified by the Hawaii housing finance and development corporation and used for the provision of affordable housing for qualified persons in the State. Removes maximum dollar amount of conveyance tax revenues that are to be paid into the rental housing revolving fund each fiscal year. Effective 1/1/2024.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Relating To The Conveyance Tax.

Sponsors


History

DateChamberAction
2023-12-11 Carried over to 2024 Regular Session.
2023-01-25HouseReferred to WAL, FIN, referral sheet 1
2023-01-20HouseIntroduced and Pass First Reading.
2023-01-19HousePending introduction.

Same As/Similar To

SB362 (Same As) 2023-12-11 - Carried over to 2024 Regular Session.
HB286 (Carry Over) 2023-01-25 - Referred to WAL, FIN, referral sheet 1

Subjects


Hawaii State Sources


Bill Comments

feedback