HI SB359 | 2023 | Regular Session

Note: Carry Foward to future SB359

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 20 2023 - 25% progression, died in committee
Action: 2023-01-25 - Referred to HOU/CPN, WAM.
Pending: Senate Housing Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Disallows dividends paid deduction for real estate investment trusts. Specifies that amounts collected from the disallowance be evenly divided and deposited into the dwelling unit revolving fund and rental housing revolving fund. Applies to taxable years beginning after 12/31/2023. Sunsets 12/31/2026.

Tracking Information

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Title

Relating To Taxation Of Real Estate Investment Trusts.

Sponsors


History

DateChamberAction
2023-01-25SenateReferred to HOU/CPN, WAM.
2023-01-20SenatePassed First Reading.
2023-01-20SenateIntroduced.

Same As/Similar To

SB359 (Carry Over) 2023-01-25 - Referred to HOU/CPN, WAM.
HB234 (Same As) 2023-01-25 - Referred to ECD, CPC, FIN, referral sheet 1

Subjects


Hawaii State Sources


Bill Comments

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