HI SB1214 | 2025 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 23 2025 - 25% progression
Action: 2025-01-27 - Referred to HOU/EIG/EDT, WAM/JDC.
Pending: Senate Housing Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Establishes a Vacant Homes Special Fund under the Hawaii Housing Finance and Development Corporation for rental assistance programs. Establishes a general excise tax surcharge on an owner that allows a residential real property to remain vacant for 180 days or more a year. Requires persons who own residential real property, but do not live there, to obtain a general excise tax license. Requires the counties to disclose to the Department of Taxation a list of properties classified as not being occupied by an owner of that property. Requires the Department of Business, Economic Development, and Tourism to calculate average annual rental value for the basis for the surcharge amount.

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 Vacant Homes.

Sponsors


History

DateChamberAction
2025-01-27SenateReferred to HOU/EIG/EDT, WAM/JDC.
2025-01-23SenateIntroduced and passed First Reading.
2025-01-21SenatePending Introduction.

Same As/Similar To

HB489 (Same As) 2025-01-21 - Referred to HSG, ECD, FIN, referral sheet 2

Subjects


Hawaii State Sources


Bill Comments

feedback