HI SB678 | 2024 | Regular Session
Note: Carry Over of previous SB678
Status
Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on January 20 2023 - 25% progression
Action: 2023-12-11 - Carried over to 2024 Regular Session.
Pending: Senate Health and Human Services Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 20 2023 - 25% progression
Action: 2023-12-11 - Carried over to 2024 Regular Session.
Pending: Senate Health and Human Services Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Increases the conveyance tax rates. Exempt the conveyance tax on property with a restriction on increasing the rental price or resale price above any increase in the consumer price index for at least thirty years. Removes the maximum disposition caps of the conveyance tax allocated to the Rental Housing Revolving Fund and Legacy Land Use Conservation Fund. Allocates ten per cent of the conveyance tax for homeless services and supportive housing. Creates the Homeless Services Fund.
Title
Relating To The Conveyance Tax.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2023-12-11 | Carried over to 2024 Regular Session. | |
| 2023-02-07 | Senate | The committee on HOU deferred the measure. |
| 2023-02-07 | Senate | The committee on HHS deferred the measure. |
| 2023-02-03 | Senate | The committee(s) on HHS/HOU has scheduled a public hearing on 02-07-23 2:15PM; Conference Room 225 & Videoconference. |
| 2023-01-25 | Senate | Referred to HHS/HOU, WAM. |
| 2023-01-23 | Senate | Passed First Reading. |
| 2023-01-20 | Senate | Introduced. |
Same As/Similar To
SB678 (Carry Over) 2023-02-07 - The committee on HOU deferred the measure.
Subjects
Hawaii State Sources
| Type | Source |
|---|---|
| Summary | https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=678&year=2024 |
| Text | https://www.capitol.hawaii.gov/sessions/session2024/bills/SB678_.HTM |
