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]
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.
Title
Relating To Taxation Of Real Estate Investment Trusts.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2023-01-25 | Senate | Referred to HOU/CPN, WAM. |
| 2023-01-20 | Senate | Passed First Reading. |
| 2023-01-20 | Senate | Introduced. |
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
HB234 (Same As) 2023-01-25 - Referred to ECD, CPC, FIN, referral sheet 1
Subjects
Hawaii State Sources
| Type | Source |
|---|---|
| Summary | https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=359&year=2023 |
| Text | https://www.capitol.hawaii.gov/sessions/session2023/bills/SB359_.HTM |
