HI SB142 | 2023 | Regular Session

Note: Carry Foward to future SB142

Status

Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on January 18 2023 - 25% progression, died in committee
Action: 2023-02-27 - The committee on WAM deferred the measure.
Pending: Senate Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Eliminates the mortgage interest deduction for second homes under Hawaii income tax law. Requires the Department of Taxation to calculate the savings and report the revenue gained to the Director of Finance by September 1 of each year.

Tracking Information

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Title

Relating To The Mortgage Interest Deduction.

Sponsors


History

DateChamberAction
2023-02-27SenateThe committee on WAM deferred the measure.
2023-02-23SenateThe committee(s) on WAM has scheduled a public hearing on 02-27-23 10:35AM; Conference Room 211 & Videoconference.
2023-01-20SenateReferred to WAM.
2023-01-18SenateIntroduced and passed First Reading.
2023-01-17SenatePending Introduction.

Same As/Similar To

SB142 (Carry Over) 2023-02-27 - The committee on WAM deferred the measure.

Subjects


Hawaii State Sources


Bill Comments

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