Bill Text: HI HB908 | 2022 | Regular Session | Introduced
Bill Title: Relating To The Low-income Housing Tax Credit.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2021-12-10 - Carried over to 2022 Regular Session. [HB908 Detail]
Download: Hawaii-2022-HB908-Introduced.html
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HOUSE OF REPRESENTATIVES |
H.B. NO. |
908 |
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THIRTY-FIRST LEGISLATURE, 2021 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO THE LOW-INCOME HOUSING TAX CREDIT.
BE IT
ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Act 129, Session Laws of Hawaii 2016, is amended by amending section 4 to read as follows:
"SECTION
4. This Act, upon its approval, shall
take effect on January 1, 2017, and shall apply to qualified low-income
buildings awarded credits after December 31, 2016; provided that this Act shall
be repealed on December 31, [2021,] 2026, and section 235-110.8,
Hawaii Revised Statutes, shall be reenacted in the form in which it read on the
day prior to the effective date of this Act."
SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 3. This Act shall take effect upon its approval.
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INTRODUCED BY: |
_____________________________ |
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BY REQUEST |
Report Title:
Low-Income Housing Tax Credit
Description:
Extends the sunset date of amendments to the State Low-Income Housing Tax Credit by an additional five years.
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.
