HI HB624 | 2021 | Regular Session
Note: Carry Foward to future HB624
Status
Spectrum: Partisan Bill (Democrat 10-0)
Status: Introduced on January 25 2021 - 25% progression, died in committee
Action: 2021-01-27 - Referred to WAL/HSG, FIN, referral sheet 1
Pending: House Water & Land Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 25 2021 - 25% progression, died in committee
Action: 2021-01-27 - Referred to WAL/HSG, FIN, referral sheet 1
Pending: House Water & Land Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Lowers conveyance tax rates for properties with a value under $2,000,000. Increases conveyance tax rates for investment properties. Requires a percentage of conveyance taxes collected to be deposited into the housing finance revolving fund. Effective 1/1/2022.
Title
Relating To Housing.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2021-01-27 | House | Referred to WAL/HSG, FIN, referral sheet 1 |
| 2021-01-25 | House | Introduced and Pass First Reading. |
| 2021-01-22 | House | Pending introduction. |
Same As/Similar To
HB624 (Carry Over) 2021-01-27 - Referred to WAL/HSG, FIN, referral sheet 1
SB871 (Same As) 2021-02-19 - Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
SB871 (Same As) 2021-02-19 - Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
Subjects
Hawaii State Sources
| Type | Source |
|---|---|
| Summary | http://www.capitol.hawaii.gov/measure_indiv.aspx?billtype=HB&billnumber=624&year=2021 |
| Text | https://www.capitol.hawaii.gov/session2021/bills/HB624_.HTM |
