HI SB884 | 2023 | Regular Session
Note: Carry Foward to future SB884
Status
Spectrum: Partisan Bill (Democrat 3-0)
Status: Engrossed on March 7 2023 - 50% progression, died in committee
Action: 2023-03-09 - Referred to HSG, CPC, FIN, referral sheet 17
Pending: House Housing Committee
Text: Latest bill text (Amended) [HTML]
Status: Engrossed on March 7 2023 - 50% progression, died in committee
Action: 2023-03-09 - Referred to HSG, CPC, FIN, referral sheet 17
Pending: House Housing Committee
Text: Latest bill text (Amended) [HTML]
Summary
Excludes from taxation one hundred per cent of the gain realized by a fee simple owner from the sale of a leased fee interest in units within a condominium project, cooperative project, or planned unit development to the association of apartment owners or the residential cooperative housing corporation of the leasehold units. Applies to taxable years beginning after 12/31/2022 and ending prior to 1/1/2030. Effective 7/1/2050. (SD1)
Title
Relating To Leasehold Conversion.
Sponsors
Roll Calls
2023-03-01 - Senate - Senate Ways and Means: Passed, Unamended (Y: 13 N: 0 NV: 0 Abs: 0) [PASS]
2023-02-16 - Senate - Senate Commerce and Consumer Protection: Passed, With Amendments (Y: 5 N: 0 NV: 0 Abs: 0) [PASS]
2023-02-16 - Senate - Senate Commerce and Consumer Protection: Passed, With Amendments (Y: 5 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2023-03-09 | House | Referred to HSG, CPC, FIN, referral sheet 17 |
| 2023-03-09 | House | Pass First Reading |
| 2023-03-07 | House | Received from Senate (Sen. Com. No. 300) in amended form (SD 1). |
| 2023-03-07 | Senate | Report Adopted; Passed Third Reading. Ayes, 24; Aye(s) with reservations: Senator(s) Inouye, McKelvey, San Buenaventura. Noes, 0 (none). Excused, 1 (Senator(s) Fukunaga). Transmitted to House. |
| 2023-03-03 | Senate | One Day Notice 03-07-23. |
| 2023-03-03 | Senate | Reported from WAM (Stand. Com. Rep. No. 891) with recommendation of passage on Third Reading. |
| 2023-03-01 | Senate | The committee(s) on WAM recommend(s) that the measure be PASSED, UNAMENDED. The votes in WAM were as follows: 13 Aye(s): Senator(s) Dela Cruz, Keith-Agaran, Aquino, DeCoite, Inouye, Kanuha, Kidani, Kim, Lee, Moriwaki, Shimabukuro, Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none. |
| 2023-02-27 | Senate | The committee(s) on WAM will hold a public decision making on 03-01-23 10:10AM; Conference Room 211 & Videoconference. |
| 2023-02-17 | Senate | Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM. |
| 2023-02-17 | Senate | Reported from CPN (Stand. Com. Rep. No. 613) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM. |
| 2023-02-16 | Senate | The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 5 Aye(s): Senator(s) Keohokalole, Fukunaga, McKelvey, Richards, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none. |
| 2023-02-10 | Senate | The committee(s) on CPN has scheduled a public hearing on 02-16-23 9:30AM; Conference Room 229 & Videoconference. |
| 2023-01-27 | Senate | Referred to CPN, WAM. |
| 2023-01-23 | Senate | Passed First Reading. |
| 2023-01-20 | Senate | Introduced. |
Same As/Similar To
SB884 (Carry Over) 2023-03-09 - Referred to HSG, CPC, FIN, referral sheet 17
HB1121 (Same As) 2023-03-09 - Referred to CPN, WAM.
HB1121 (Same As) 2023-03-09 - Referred to CPN, WAM.
