Hawaii Senate Bill 1120 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on January 24 2019 - 25% progression, died in committee
Action: 2019-02-14 - 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]

Increases the rate of real estate conveyance tax for condominiums and single family residences ineligible for a county home-owner's exemption with a value of at least $2,000,000. Amends the calculation for the amount of conveyance taxes to be deposited into the rental housing revolving fund. Exempts from conveyance taxes documents and instruments conveying real property subject to a government assistance program approved and certified by HHFDC and used for the provision of affordable housing for qualified persons in the State. Effective 7/1/2050. (SD1)

Relating To The Conveyance Tax.

Sen. Breene Harimoto [D]

Sen. Sharon Moriwaki [D]

Sen. Russell Ruderman [D]

Sen. Stanley Chang [D]

Date	Chamber	Action
2019-02-14	Senate	Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
2019-02-14	Senate	Reported from HOU (Stand. Com. Rep. No. 319) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
2019-02-07	Senate	The committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HOU were as follows: 4 Aye(s): Senator(s) S. Chang, Kanuha, Moriwaki, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) L. Thielen.
2019-02-04	Senate	The committee(s) on HOU has scheduled a public hearing on 02-07-19 1:20PM in conference room 225.
2019-01-28	Senate	Referred to HOU, WAM.
2019-01-24	Senate	Passed First Reading.
2019-01-24	Senate	Introduced.

SB1120 (Carry Over) 2019-02-14 - Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

Type	Source
Summary	https://www.capitol.hawaii.gov/measure_indiv.aspx?billtype=SB&billnumber=1120&year=2019
Text	https://www.capitol.hawaii.gov/session2019/bills/SB1120_.HTM
Text	https://www.capitol.hawaii.gov/session2019/bills/SB1120_SD1_.HTM