RELATING TO THE MORTGAGE INTEREST DEDUCTION.
Summary
Eliminates the mortgage interest deduction for second homes under Hawaii income tax law. Requires DOTAX to calculate the savings and transfer an equivalent amount of income taxes to the director of finance for deposit into the rental housing revolving fund.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2017
Committee Review
Floor Vote
Governor
Introduced Jan 20, 2017
Last action Jan 31, 2017
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
5
Key actions
2
Committee
3
Jan 31, 2017
Legislature · Passed
The committee on HOU deferred the measure.
legislature
Jan 27, 2017
Legislature · Passed
The committee(s) on HOU has scheduled a public hearing on 01-31-17 2:45PM in conference room 225.
legislature
Jan 20, 2017
Committee
Referred to HOU, WAM.
legislature
Jan 20, 2017
Introduced
Introduced.
legislature
2 primary · 0 co-sponsors
Sponsors
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