HI SB1120 | 2019 | Regular Session
Note: Carry Foward to future SB1120
Status
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]
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]
Summary
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)
Title
Relating To The Conveyance Tax.
Sponsors
History
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. |
Same As/Similar To
SB1120 (Carry Over) 2019-02-14 - Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.